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Winter Of Discontent For European Militaries
London will decide in September where the ax will fall on defense as Europe’s main spenders come under ever-increasing pressure. Serious cuts and delays are inevitable as governments tighten belts.
Liam Fox, the British secretary of state for defense, used the platform of the Farnborough air show to reiterate there was no option but change for the U.K. defense sector, for the ministry, the armed forces and industry.