Offset or Industrial Participation is a reciprocal agreement between a buying country and an exporting defence company for industrial goods and services as a mandatory condition for defence procurement. In addition, Offset or Industrial Participation is a key customer requirment in business transactions with state-owned military customers of Rheinmetall. Rheinmetall takes a pro-active approach towards Offset or Industrial Participation requirements with the intention to win customers and satisfy customers against minimal cost and risk for Rheinmetall.
The Compliance Organization continuously supports the operating divisions with auditing and consulting measures in meeting the offset and industrial participation requirements of government customers. These can play a key role in foreign defence and security projects. In this way, compliance plays a key role in preventing corruption and other fraud offences in this potentially critical business area.