PZL Swidnik opens talks with F-16 group over offsets

Aviation components producer PZL Swidnik has started talks with the F-16 group about its offset contract and says it is hoping to clench several co-operation deals that will create 200 new jobs and increase its revenues by zl. 50 million over the next two years. According to Swidnik's spokesperson, Jan Mazur, the components producer is holding talks with Textron and several other American group members about possible contracts for the delivery of parts for civilian aircraft including the Bell 412. "Lockheed has offered to hand over to our company $20 million worth of equipment as a part of the offset," said Mazur. "We need it if we are to meet the requirements of the [offset] contract", he added. This year Swidnik will spend around zl. 30 million on modernization, of which zl. 20 million will be secured from the budget. (Puls Biznesu, p. 4) J.K.