EDA Striving for Common Defense Market, But Success Still Years Away

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Nick Whitney, chief executive of the EU's European Defense Agency, is calling for a radical overhaul of how member states spend their defense budgets, with interoperability and the need to avoid duplication being stressed. He believes there is a growing awareness by the 25 member states that the annual combined EUR 180 billion, or USD $218 billion, spent on defense could be used more efficiently. Strategic airlift, logistics, and communications are seen as particular weaknesses....

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