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European Defence Markets and Industries: New Initiatives, New Challenges 

The author discusses how the excessive focus of European countries on national priorities have been leading to a number of structural problems, in the European defence market, related to international competition, military redundancies and unnecessary costs. The article reflects on the recent efforts by the EU to support the European Defense and Technological Industrial Base and it concludes with some thoughts on the challenges facing the EU and the European defence market. The paper is structured in three major parts. First, it provides an overview of recent initiatives on EU defence. Second, it examines the latest developments designed to turn these initiatives into action. Third, it concludes by outlining some strategic elements important in the context of future European defence, notably the required balance between the political will of Member States, the European financial incentives for defence and the potential interest of European industry on these incentives.

Instituto da Defensa Nacional, 2018, No. 150

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