Gripen Offset Programme completes successful year
The Annual Report on Offset performance for the calendar year 2008 has been approved by the Czech Ministry of Defence. The report concluded that the Gripen Industrial Co-operation programme in the Czech Republic year 2008 generated almost CZK 5 billion in export value for the country.
CZK 4.94 billion of Offset was generated by the Gripen Offset Programme in 2008 which accounts for 19 % of the total Offset obligation. As of 31st December 2008, the cumulative Offset value already generated since the start of the programme in 2004 reached CZK 16.24 billion, which signifies a 63.5 % completion of the total Offset obligation contracted.
“The priority of the Ministry of Defence is to make sure that all major armament projects are of benefit for the Czech defence industry as well as for other sectors,“ said Andrej Čírtek, Director Communications Strategies Department, Ministry of Defence of the Czech Republic. “The lease of the Gripen supersonic aircraft has brought so far the most successful offset programme in the history of armament projects in the Czech Republic.”
“We are very pleased with the result of the Gripen Offset Programme for 2008 which has been the most sucessful year of the Programme so far. In times of global economic recession well functioning support packages for financial growth, like the Gripen Offset Programme, become more important”, said Bengt Littke, Programme Director – Czech Republic. “We are confident that the Offset programme will support Czech industry in weathering the effects of the global financial recession and so that it is well positioned for realising its high potential when the economy turns up again”.
Gripen International is committed to generate Offset and Industrial Co-operation to the value of 130 % from the Gripen fighter lease contract value. The Offset agreement requires a minimum direct Offset equalling 20 % of the Offset agreement value to support and develop the Czech defence and aerospace industry.
Gripen is a new generation fighter aircraft which employs the latest technology and the latest weapons, which delivers the capability for an extensive variety of air-to-air and air-to-surface operational missions, including recognisance missions. Gripen is in service with the Swedish, Czech, Hungarian and South African air force and was contracted in early 2008 by Thailand. The UK Test Pilots’ School (ETPS) is operating Gripen as its advanced fast jet platform for test pilots worldwide. Gripen is fully NATO compatible and can be deployed globally. Gripen meets the highest demands of operational deployment.
Gripen International also has successful Offset Programmes (Industrial Co-operation) in Hungary and South Africa.
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