Future Of European Defense Hangs In Balance Amid Stalled Talks
Mediation efforts have failed to resolve the dispute between companies involved in the Franco-German Future Combat Air System (FCAS) fighter jet project, according to Handelsblatt. The project, valued at 100 billion euros, has been stalled due to a protracted dispute over control between France’s Dassault Aviation and Airbus, which represents Germany and Spain. German Chancellor Friedrich Merz is expected to decide on Germany’s position by Tuesday, with a meeting with French President Emmanuel Macron scheduled for next week. The development was first reported by Reuters.