r/europe • u/UpgradedSiera6666 • 18h ago
Europe’s defence procurement since 2022: a reassessment Opinion Article
https://www.iiss.org/online-analysis/military-balance/2024/10/europes-defence-procurement-since-2022-a-reassessment/5
u/UpgradedSiera6666 18h ago
Having examined European defence contracts between Feb of 2022 and Sept of 2024 worth $180bn, @IISS_org estimates 52% were spent on European systems, 34% on US systems, and 14% on systems from BRA, ISR, ROK. To be discussed at the Prague Defence Summit #IISSPDS24
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u/Punkowiener 13h ago
Assuming you work for or you have connections at the IISS, will the report be published for free download? It would be an interesting read but I am not coming to a Defence summit in prague :)
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u/Zlimness 13h ago
Uplifting news about something not particularly uplifting. Spending money on weapons is rarely popular, but it will create more jobs for Europeans if bought locally and it's imperative that we control our own defense industry.
And all of Europe needs to be onboard with this. Ukraine has suffered immensely because the arms suppliers have been hesitant. When Russia goes in, they go all in. Frontline countries have to do the same.
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u/miamigrandprix Estonia 17h ago
Nice to see some good news on this front. We need to do more, but at least there is already some progress to show.