Offsets are product or service delivery obligations incurred by a defense contractor to its government contract customer. Offset obligations arise under the primary contract for the sale of products by the contractor to the government agencies.Typically, these sale contracts involve high-priced, defense-related products having substantial value. The contracts are very lucrative for the contractor
We are pleased to introduce you to International Offset Corporation (“IOC”), a specialist in designing and implementing novel concepts of advanced countertrade for developing country clients. IOC can design and implement countertrade business models for its clients which enhance buying power by leveraging indigenous resource value.
IOC CROSSES THE $1B MARK.
2019 proved to be a banner year for IOC as it crossed the $1 billion credit retirement mark.
“With the infusion of several new global clients in 2019, IOC was able to satisfy enough trade credits to push through its goal of $1 billion. We are extremely pleased to reach this magical mark and to continue with our tremendous growth through 2020.” Said IOC CEO Matthew Talbert.
IOC will continue its global expansion and continue to work with its domestic United States subsidiary, ARTIS corporate trade, LLC. to reintroduce corporate trade to the American market.