this post was submitted on 11 Feb 2024
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The EU should have gotten way more serious about their own defence sector. Spending large amounts of these procurement budgets within the EU means that a lot of the money flows straight back as taxes from employees, profits, subcontracting etc.
It's time now to start rebuilding the sector again and do some horse trading with the US for inter-dependence.
Trump acts as if military power is the only thing, (it's probably the only thing he understands) but the fact the EU is so dependent means they will follow sanctions etc more than they might have done otherwise. But Trump is not of the soft power.
But the peace dividends need to be reinvested, I suggest in best of breed stuff, manufactured in the EU.
There is many joint European defence projects. They often suffer from gaming which country gets to do what. FCAS delays
To be fair so do US defence projects in terms of which state gets what.