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EU slams the door on US in colossal defense plan
(www.politico.eu)
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this post was submitted on 19 Mar 2025
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It makes sense for the UK to be out as it's not in the EU. However the UK and EU may end up making a deal on shared procurement which makes sense for both.
Most of the top 10 biggest defence companies are US or Chinese, with 1 russian company. The largest defence company in Europe is BAE in the UK, and the only one in the top 10.
There are 5 more EU companies in the top 30, and another UK company.
A shared procurement deal would allow a bigger choice of companies and competitive procurement to keep costs down. There is a real risk for the EU (and the UK) of inflated costs if they limit procurement to a small group of European companies that don't have to compete with the big american companies for the contracts.
I think it's right to exclude the US, but then the pool of companies needs to be as big as possible to allow competitive tendering.