Prospects for European Arms Co-operation
This paper deals with the prospects for European arms cooperation. It is common knowledge that the problems of defence finance are aggravated by the steadily increasing cost and complexity of modern weapons. The cost of both development and production is increasing, and because fewer weapons can be afforded the smaller production runs drive the unit costs of production still higher. The European countries therefore have an obvious interest in finding ways of reducing development costs and securing the advantages of long production runs. This process is loosely described as collaboration, but it is important to realise that there are a number of different forms of common procurement.
KeywordsCollaborative Project Development Cost Collaborative Programme Procurement Policy Military Equipment
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