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BLISSFULLY BLIND: THE NEW US PUSH FOR DEFENSE INDUSTRIAL COLLABORATION WITH PARTNER COUNTRIES AND ITS CORRUPTION RISKS

BLISSFULLY BLIND: THE NEW US PUSH FOR DEFENSE INDUSTRIAL COLLABORATION WITH PARTNER COUNTRIES AND ITS CORRUPTION RISKS
Transparency in Defence

EXECUTIVE SUMMARY

Key Findings

The rise in global insecurity is pushing many US security partner countries to reignite or revise a familiar but risky approach to expanding national defense industrial capabilities. Sometimes referred to as defense offsets or industrial participation, this approach requires foreign defense companies to invest in the local economies of countries as a condition for the purchase of major weapons systems. Defense offsets can benefit local defense industries, but they also contain many aspects that make them particularly vulnerable to corruption. US defense companies are rapidly responding to these partner demands with increasing US government support and within an incredibly lax US regulatory environment.

Read the Full Article here: Blissfully Blind by Coldby Goodman