Offsets in Defense Trade. Ninth Study Conducted Under Section 309 of the Defense Production Act of 1950, as Amended

摘要

This is the ninth annual report on the impact of offsets in defense trade prepared pursuant to Section 309 of the Defense Production Act of 1950,3 as amended (DPA). The Department of Commerces Bureau of Industry and Security (BIS) has been delegated responsibility for preparing the reports required under Section 309. The report analyzes the impact of offsets on the defense preparedness, industrial competitiveness, employment, and trade of the United States. To assess the impact of offsets in defense trade, the Department of Commerce obtained data from U.S. defense firms involved in defense exports and related offsets and supplemented this information with statistics from the Bureau of the Census and other sources. This report covers offset agreements entered into and offset transactions carried out from 1993 through 2003 and their implications for the U.S. industrial base. It also reports on the progress of the newly formed Interagency Team on offsets in defense trade, which is chartered to engage in consultations with foreign governments on eliminating the adverse effects on offsets in defense trade. Finally, the report summarizes the results of Commerces August 2004 Supplemental Offsets Report to Congress.