January 9, 2004
Chilean frigate program opens offset opportunities
The Chilean Fragata program is an acquisition effort being initiated by the government of Chile to modernize the Chilean Navy by procuring three modern frigate-size surface combatants.
A team led by Lockheed Martin and IZAR is bidding to provide these ships in an offering that includes hull, sensor, combat system and logistical support solutions.
The Chilean government requires that all teams bidding on the program offer an offset (also known as industrial cooperation - IC) package along with a technical solution and commercial proposal.
The Lockheed Martin/IZAR team will cooperate with Chilean industry for services, products and technologies directly associated with the Fragata program in response to this requirement, but the team is also assembling a comprehensive commercial IC package, consisting of projects involving companies both in Chile and abroad, not directly related to the Fragata program.
Of particular interest are companies that are positioning to locate facilities in Chile and companies involved in the IT, electronics, biotech, metalworking, and food and wine distribution industries. Lockheed Martin is prepared to offer grants of capital, extensive marketing support in Chile, and financial analysis and support via Santander Investments to companies who present superior business cases for projects to cooperate with Chilean industry in the above-mentioned areas of interest and are selected by the team to be incorporated into the Fragata IC program.
More details at http://www.chileanfragataprogrambia.com.