Without a meaningful defence industrial strategy, the long cherished “made in Germany” label truly risks getting replaced by “German-free content.”PARIS, FRANCE — The latest edition of The European Security & Defense Union Magazine has published an article by Avascent’s Dr. Christina Balis and Lars Miethke.
The German defense sector currently lacks a cohesive defense industrial strategy. Historically, Germany’s defense industry has been successful, often outperforming France and Britain, and its economic success has produced a lack of urgency in defining its future trajectory. However, a declining home market, a fragmented European market and a hyper-competitive international market demand a coherent, well-planned way forward. Defining critical technologies isn’t sufficient; Germany needs to discuss how to preserve those technologies, by re-examining its export-led model for industrial growth. In addition, “Germany benefits from a neutral position between a pro-European France often mistrusted for its motives and an economically liberal UK flirting with a possible EU exit. Framing a domestic debate in the European context would be not only in Germany’s interest, but also the much-needed impetus to a moribund EU defence debate.”
Dr. Christina Balis is the director of European operations at Avascent, a leading global defence and security management consulting firm, where she works with corporate leaders and financial investors operating out of or looking to expand to Europe and adjacent geographies. She holds joint business degrees from German and UK universities, and graduate/postgraduate degrees in international relations from the Johns Hopkins School of Advanced International Studies in Bologna, Italy, and Washington, DC.
Lars Miethke is a senior analyst at Avascent, supporting clients in the areas of strategic growth, value capture and M&A in the aerospace and defence industries. He is a graduate of the Humboldt-University in Berlin and the School of Foreign Service at Georgetown University, Washington, DC.