The Register, which is updated on a quarterly basis, currently includes seventeen ongoing offset programmes with a total amount of CHF 5.36 billion. Of this, offset transactions for around CHF 2.15 billion have been carried out up to 30 June 2024. Since the last update of the Offset Register at the end of March 2024, no offset obligations have been terminated or added.

Programme Air2030

With the F-35A combat aircraft, the offset fulfilment is at around CHF 749 million at the end of June 2024, which corresponds to around 28% 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 362 million have so far been carried out with Swiss companies, which corresponds to around 31% 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.

Direct industry participation in Patriot

Raytheon has issued contracts for the development and manufacture of core elements of the Air Defence Network Patriot to the Swiss companies RUAG and Mercury Mission Systems International S.A. The contracts concluded with a total value of 55 million US dollars are the first to be issued as part of the offset obligations of the US manufacturer to include Swiss industry in the development and delivery of the ground-based air defence system Patriot for Switzerland. RUAG has received a four-year contract for developing and manufacturing mobile shelters and radio relay stations. The company Mercury Mission Systems from French-speaking Switzerland will manufacture mission-critical components for the command and control functions of the Air Defence Network Patriot. Both companies will work together with local suppliers in all language regions. Through this industrial participation, Swiss companies have the chance of becoming an essential part of the global Patriot supply chain and supporting an international network of customers who have chosen Patriot as their air defence system.

Banking Register

The Federal Office for Defence Procurement armasuisse updated the Banking Register with the figures at the end of June 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.

Current figures on offset transactions as of end of June 2024