Declining budgets force Londonand Paris into strategic embrace
The new Franco-British defense accord is expected to trigger a series of initiatives that could remake Europe’s military industrial landscape. However, skeptics suggest the expansive commitments may trigger unsettling ripples in neighboring countries and have little staying power once national budgets recover. On paper, the Nov. 2 agreement would suggest an unprecedented move to bind Western Europe’s two biggest military powers at both an operational and programmatic level. The reality ...
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