What Happened
European Defense Spending Surge Fuels Demand For Sovereign Capabilities
European governments are increasingly seeking to avoid buying weapons with US-controlled parts, citing concerns over ITAR restrictions and the desire for more sovereign exposure. US firms, such as Honeywell Aerospace, are responding to the demand by highlighting their European footprint and capabilities. The trend is driven by deteriorating US-Europe relations and a surge in European defense spending, as reported by Breaking Defense.