What Happened
National Interests Over Joint Procurement Drive Inefficiencies
As European governments rush to build out defense systems amid deepening global threats, the true cost of the continent’s fragmented military spending has become a pressing concern. With plans to spend €1.2 trillion on weapons and equipment between 2025 and 2030, the lack of a collective procurement strategy is leading to significant cost inefficiencies. Investigate Europe reports that the European Parliament’s Research Service estimates that governments lose an estimated 44 cents for every euro invested in defense equipment due to the lack of an integrated approach. This was first reported by Investigate Europe.