||Transatlantic Defense Procurement
This brief examines transatlantic defense
procurement. Defense procurement is not like normal trade.
There is more protectionism, and the small number of purchasers
means there is less of a market as well. The balance between
suppliers and purchasers is also distorted. The market in the
United States is much larger than in Europe, and so there is
a cost advantage in “buying off the American shelf”,
but there will be advantages in European and American contractors
working more closely together in the future. This brief explores
these dynamics in greater detail.
- Industry Drivers
- Sectoral Integration - The Military Industrial Complex
- Current Issues