Europe’s Arms Revival Pits Homegrown Wares Against US Stalwarts
Europe’s arms manufacturers are duking it out with American rivals to win their slice of the region’s fast-growing military pie, as governments embark on an unprecedented expansion of defense spending.
The jockeying between European and US firms was in the spotlight at the Paris Air Show this week, where talk of fighter jets, drones and missiles led the conversation, instead of the commercial aircraft orders that typically dominate the expo.