Its objective is to acquire products that satisfy specified needs and provide measurable improvement to mission capability at a fair and reasonable price.
For example, Nordic Defence Cooperation (established 2009), a grouping of Nordic countries that cooperate in defence spending, the Defence and Security Co-operation Treaty, signed between the United Kingdom and France in 2010, and Joint Strike Fighter program, which selected the Lockheed Martin F-35 Lightning II in 2001, included the United States, the United Kingdom, Australia, Italy, Canada, the Netherlands, Norway, Denmark, Turkey, Israel and Japan.
[7] The white paper included a requirement for the department's large sole-source suppliers to report annually on their engagement with small and medium-sized enterprises and their involvement in their supply chains.
[8] The Defence Reform Act established a statutory "Single Source" scheme applicable to situations where there is no competition between suppliers.
[14] ISED is responsible for defining and administering the Industrial and Technological Benefits (ITB) and Value Proposition (VP), which are offsets applied to the selected defense procurements.