US Defense Industry Offsets: The Presidential Exception for National Security

This book examines U.S. Government promotion of defense industry offsets, from both theoretical and empirical perspectives.

Defense industry offsets are extra benefits that exporters add to arms deals to meet importer demands beyond basic transactions, often considered essential for exporter success. Nonetheless, the so-called “hands off” presidential policy on offsets is often misunderstood as an ironclad prohibition against government support for American companies. In reality, the U.S. pr...