United States  ·  Europe  ·  Latin America

Complexity is our design language.

Some outcomes require more than analysis.

Reed-Frank Group operates where defense procurement, government industrial policy, and market entry collide. We do not just provide analysis. We provide alignment.

The firm’s principal developed and delivered a novel application of industrial cooperation frameworks that structured industrial participation credits exceeding $1 billion under active competitive conditions. That methodology continues to produce value across active mandates and is increasingly recognized in how comparable programs are designed. What others attempt to replicate through scale, we deliver through disciplined, judgment-based positioning. Prior mandates have encompassed a contested multinational fighter competition and the simultaneous management of commercial, governmental, and prime contractor stakeholders.

RFG was founded in 2024 at a specific inflection point: the moment when access to powerful analytical tools negated the premium once charged by established advisory firms, and when multi-client conflicts of interest became impossible to ignore. Value is no longer found in the report. It is found in the read. The constraint is not access to information. It is knowing how it will be interpreted by the counterparty before it is presented. The advisory model that answers this shift is principal-led, conflict-free, and built on judgment and perspective developed from within these frameworks at the program level: not just in how they are structured, but in how they are read by the parties they are designed to govern.

We do not simply enter markets. We structure the terms of their success.

The mandates that reach RFG rarely fit a single discipline. That is by design.

Geography United States · Europe · Latin America
Approach Selective Engagement · Principal-Led
Precedent Class-Leading Outcomes in Complex Environments
Discretion Absolute
Market Intelligence
April 21, 2026 Peru · Defense Procurement

Peru Signs F-16 Block 70 Contract — $3.4B FMS Agreement Finalized After Days of Political Uncertainty

The contract was signed privately at Las Palmas Air Base on April 21. Days earlier, President Balcázar announced suspension of the signing, citing that a transitional government should not bind the next administration. The U.S. Ambassador issued a public warning on social media. The Defense Minister threatened resignation. The contract was signed four days later regardless.

RFG Perspective

The platform is selected and the contract is signed. What the political drama revealed is structural: industrial cooperation obligations were being negotiated in parallel with a program whose contract signing was genuinely in doubt until the final hours. The framework governing credit recognition, project eligibility, and compliance timelines was revised by ministerial resolution in February. That framework does not pause while procurement politics play out. Firms that entered this conversation late will find the terms already set.

May 3–6, 2026  ·  Upcoming U.S. Market Entry

2026 SelectUSA Investment Summit — National Harbor, Maryland

The premier U.S. event for foreign direct investment. For firms that are well prepared, the Summit compresses months of state outreach into days. RFG attends representing a select group of European industrial firms, engaging state principals directly, so clients test real receptivity before committing a team or a decision. Firms interested in the 2026 cohort should reach out now, as it is currently being assembled.

April 5, 2026 Austria · Defense Procurement

Austria Opens Eurofighter Successor Evaluation — Up to 36 Aircraft, €6–7 Billion, Industrial Cooperation Requirements to Follow

Seven platforms are under evaluation for Austria’s next fighter requirement, with a contract targeted by 2029. At this scale — 36 aircraft, €6–7 billion — the industrial cooperation obligation will be the largest in Austrian history. The framework that governs it is still being written. Political debate over program funding has already surfaced at the ministerial level. That friction does not pause the industrial cooperation architecture window. It compresses it.

April 1, 2026 Defense Procurement

U.S. Found Raiding Swiss F-35 Funds to Cover Patriot Shortfall — Parliament Reacts, Federal Council Decision Due by June

Switzerland’s public broadcaster SRF reported that the U.S. redirected over CHF 100 million from Switzerland’s F-35 payments into the Patriot program, circumventing the payment freeze Bern imposed in fall 2025. armasuisse’s director confirmed the scale publicly — a low three-digit million CHF figure — but stated the precise amount could not be disclosed. The 2020 referendum that authorized Switzerland’s fighter procurement credit passed with 50.1% — already signaling narrow public appetite for major U.S. defense commitments. Costs have risen an estimated 50%. Delivery is now pushed to at least 2034. Parliamentary reaction has been sharp across multiple parties. The Federal Council is expected to decide by end of June whether to continue, renegotiate, or cancel. When a bilateral portfolio reaches this level of structural friction, the instruments that retain value are the ones neither side is willing to dissolve.

April 8, 2026 Trade Policy

Section 122 Tariff Challenge Reaches Oral Arguments — Ruling Could Suspend the Current Regime

Oral arguments on the Section 122 challenge were heard by a three-judge panel at the Court of International Trade — a marathon session in which the panel sharply probed the government’s justification for invoking the statute. No ruling has been issued. The tariff expires July 24 regardless of outcome, unless Congress acts to extend it. For companies evaluating a permanent U.S. presence, the lesson has not changed: the legal mechanism will continue to shift. A physical footprint resolves what no tariff ruling can.

February 18, 2026 Peru · Offset Policy

Peru Updates Defense Offset Directive — Transparency and Industrial Capacity at the Core

Peru’s revised offset directive sets a binding timeline: framework agreements must be signed before contract award on standard procurements, and within 30 days of LOA signature on FMS purchases. Non-compliance carries a 2% monthly penalty. The framework is not aspirational. It is already being enforced.

January 15, 2026  ·  Active Opportunity Peru · Defense Procurement

U.S. Authorizes $1.5B FMS for Peru’s Callao Naval Base Modernization

Peru’s offset framework is evolving. Whether it applies to a construction program of this type is an open question, but one that needs an answer before submission, not after.

October 23, 2025 Peru · Market Access

Peru Defense Industry Forum Signals Growing Institutional Commitment to Industrial Cooperation

RFG participated as guest of the Swiss-Peruvian Chamber of Commerce, at a forum attended by Peru’s Minister of Defense, the Commander Generals of the armed services, and senior defense industry leadership. Within six weeks, Peru signed a landmark armored vehicle agreement that included a domestic production licensing arrangement. Institutional access at this level is built over time, not arranged at the proposal stage.

July 8, 2025 Austria · Industrial Cooperation

Austria Establishes Inter-Ministerial Taskforce to Develop Defense Industrial Cooperation Framework

Austria’s defense budget has doubled since 2020 and is legislatively committed to reach 2% of GDP by 2032. An inter-ministerial taskforce established in July 2025 is now designing the framework that will govern industrial cooperation requirements across that procurement pipeline. The architecture is still being written. For firms entering the Austrian market, and for Austrian industry seeking to position for it, that window is consequential.

February 19, 2025 Industrial Cooperation

GTF Engine MRO Designated as Defense Offset Project in UAE

What the industry currently views as a novel application of commercial MRO for defense credits is, in fact, a proven discipline. RFG’s principal developed and delivered this structurally identical methodology successfully several years prior, proving the model’s viability before it was replicated elsewhere.

June 15–19, 2026  ·  Upcoming European Defense

Eurosatory 2026 — Paris

The global benchmark for land and air-land defense procurement. Every major offset obligation in Europe and Latin America has a connection to this floor. What happens before Eurosatory matters more than what happens during it.

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Reed-Frank Group works by introduction. If you have been directed here, we welcome your inquiry.

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