European Defense Industrial Base: Scaling Production and Cooperation (theparliamentmagazine.eu)

• Record-high NATO defense spending in Europe
• Gap between budgets and industrial capacity
• Need for streamlined procurement and less fragmentation

"European NATO members face a critical gap between increased defense budgets and industrial capacity. Experts emphasize that while spending is at historic levels, the continent must urgently streamline procurement and reduce fragmented reliance on national champions."