The Atlantic Community has launched a new series of essays looking at the future of European security, specifically in resourcing and procurement:
In an uncertain economic climate, defense ministries across Europe are slashing spending as budgetary pressures rise. These cuts come just as the United States, the traditional guarantor of European security, reduces its own defense spending and turns its strategic focus to Asia. In order to improve defense capabilities in a rapidly changing security environment, Europe's militaries and the industries supporting them must undergo a massive restructuring.
Should Europe bite the bullet and federate its armed forces for economy of scale? Is it time to formally renounce "out of area" missions and the capabilities which sustain them? Will increased competition among European defense firms lower costs? These are all some of the topics that are being covered.