Current figures on offset transactions as of end of March 2024
Bern, 05.04.2024 - The Offset Register currently comprises seventeen offset obligations in the amount of CHF 5.34 billion, which must be awarded by foreign suppliers to Swiss companies. Of this, offset transactions in the amount of around CHF 1.97 billion have been carried out as at the end of March 2024.
The Register, which is updated on a quarterly basis, currently includes seventeen ongoing offset programmes with a total amount of CHF 5.34 billion. Of this, offset transactions for around CHF 1.97 billion have been carried out up to 25 March 2024. Since the last update of the Offset Register at the end of 2023, the offset obligation of the German supplier Dynamit Nobel AG in the project “Shoulder-fired multi-purpose weapons” (around CHF 79 million) was terminated on time. It therefore no longer appears in the Offset Register.
Programme Air2030
With the F-35A combat aircraft, the offset fulfilment is at around CHF 740 million at the end of March 2024, which corresponds to around 27% of the offset obligation of Lockheed Martin. With the long-range ground-based air defence system Patriot, offset transactions in the amount of around CHF 216 million have so far been carried out with Swiss companies, which corresponds to around 19% of the offset obligation of the US manufacturer Raytheon. Both offset obligations must be fulfilled by the end of 2034. By then, the following allocation keys must be complied with as far as possible between the regions: 65% of the recognised offset volume is attributable to German-speaking Switzerland, 30% to French-speaking Switzerland and 5% to Italian-speaking Switzerland. The fulfilment and the regional distribution will be continuously monitored by armasuisse and discussed with the supplier.
Both manufacturers stepped up their efforts in French- and Italian-speaking Switzerland over the last few months. Lockheed Martin thus concluded two technical development agreements in March 2024 with the Geneva company Mercury Mission Systems International SA for the production of several embedded computer technologies. This project enables the transfer of security-relevant key technologies in the areas of software-defined radio technologies and cryptology to Swiss industry. In addition, the Valais-based company H55 has been working successfully as a battery supplier for a hybrid-electrical flight demonstrator from Pratt & Whitney since 2022. Like Raytheon, Pratt & Whitney belongs to the RTX Group and at the same time is an aircraft engine supplier for the F-35A combat aircraft.
Banking Register
The Federal Office for Defence Procurement armasuisse updated the Banking Register with the figures at the end of March 2024 in addition to the Offset Register. The Banking Register contains seven ongoing banking agreements in which publication is planned. Foreign providers, the contract duration and the current credit balance are listed in the Banking Register. In addition, the commissioned Swiss companies and the regional distribution are also shown. A banking agreement can be concluded upon the request of a foreign provider if a future offset obligation is likely. It enables foreign providers to fulfil up to 20% of a future offset obligation through indirect offset transactions in Switzerland in advance.
Address for enquiries
Jacqueline Stampfli
Deputy Head of Communications armasuisse
+41 58 464 60 42
Publisher
Armasuisse
http://www.ar.admin.ch/
Defence
http://www.vtg.admin.ch
General Secretariat DDPS
https://www.vbs.admin.ch/
