Coupled with the continuing threat of reduced defence expenditures and increasing competition, European defence companies have reacted with a number of strategic manoeuvres involving mergers, acquisitions and other forms of alliance. Moves towards a single European defence industry have been a...

Hayward, K.: The globalisation of the defence business. - S. 8-15. Clark, B.: More harm than good? The dangers of defence industry consolidation. - S. 16-21. Crane, C.: Dealing with reality. The difficulties of European consolidation. - S. 22-27. Henneberg, S. von: Is bigger always better? A...

The global economic and financial crisis, which broke out in 2008, had a significant impact on European countries and, consequently, on its fiscal and budgetary decisions in the various policy areas. Security and Defence were no exception. Although the fact that the international security...

Years of uncoordinated cuts in defence spending have eroded the EU's role as a security actor in what is now a multipolar world. This CEPS Task Force report aims to provide member states and the EU institutions with the narrative to strengthen defence cooperation in the EU, in the face of...

This volume constitutes the first ever attempt to establish a basis for comparative research on defence procurement regulation. For decades there has been repeated emphasis on the extent to which barriers to trade in Europe and the US prevent a more competitive defence market. Transatlantic...