Avascent’s Aleksandar Jovovic writes in National Defense magazine observes that recent years have witnessed joint defense procurement initiatives, extending beyond NATO to include countries such as India. However, growth in collaborative defense projects has remained modest, hampered by the same decades-old challenges. Bearing in mind the defense spending outlook across the alliance, U.S. and European firms have little choice but to position for additional joint development and procurement efforts. While opportunities are unlikely to be huge and despite the added challenges of multiple stakeholders, shifting needs and competing technical requirements, some moderate- to large-scale efforts are unlikely to move forward without bilateral or multilateral funding in the coming years.
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