Jane Morgan Management
Amaero Appoints Industry Leading Defence Offsets Investment Advisor
Highlights
- The Company has appointed Mr David Wolf, a board member of the Global Offsets & Counter Trade Association, to lead Amaero Defence Offsets & Countertrade negotiations;
- Mr Wolf brings over 40 years of experience and relationships at the highest levels in international private equity and deal structure on behalf of some of the world's largest companies and defence primes.
Amaero International Limited (ASX:3DA) ("Amaero", the "Company"), a specialist in metal additive manufacturing
(3D printing) for the defence, aerospace and tooling sectors, is pleased to announce that the Company has
appointed Mr David Wolf, as their Global Defence Offsets and Countertrade Investment Advisor. 'Offsets and
countertrades' are arrangements common in the global defence industry, where countries require defence
primes and other suppliers to make agreed purchases or investments into the host country.
Mr Wolf is recognised globally for his expertise within defence offsets, countertrade and private equity,
negotiating to successful outcomes more than $15 billion worth of defence offsets and investment over the past
40 years. As a member of the board of the Global Offsets & Countertrade Association (GOCA), Mr Wolf sits on
the board alongside 14 other global leaders of the world's largest defence companies. These include the global
heads of offsets from Boeing, Lockheed Martin, Raytheon, Northrop Grumman, Safran, Bell, Leonardo and Saab
AB.
The role of GOCA is to promote trade and commerce between companies around the world and their foreign
customers, and to create a greater understanding of offsets and countertrade. One of their primary activities is
to assist large defence primes, who regularly have obligations to invest offsets and countertrade into countries,
where they conduct large defence contracts. Mr Wolf's primary role is to assist these primes to locate appropriate
investment opportunities and technologies that are of interest to the countries where obligations exist.
One industrial technology of significant interest to these countries is that of Metal 3D printing. 3D printing can
provide countries with new sovereign capabilities to manufacture their own critical components. Mr Wolf will be
actively promoting Amaero as a technology and equipment solution provider and to assist these countries to
establish a metals additive manufacturing footprint utilising Amaero equipment and intellectual property (IP), via
partnering with defence primes to provide the required investment funding through their offset obligations.
Amaero has engaged Mr Wolf through a contract with Fremont Group LLC, of which Mr Wolf is the President and
Founder. Under the contract, Fremont is the Company's exclusive advisor for offset and countertrade
negotiations, unless the parties agree otherwise for particular opportunities.
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