| ID | 177047 |
| Title Proper | Polish perspective on the European defence industry |
| Language | ENG |
| Author | Czulda, Robert |
| Summary / Abstract (Note) | It is a cliché to say that Europe, including its underfunded defence industry, faces numerous challenges and threats. Nevertheless, it is impossible not to notice or to ignore issues, such as the current economic crises, which are likely to last for a long period of time, an ageing population (resulting in increased spending on social programmes, including healthcare), and migration (which forces governments to invest more in internal security rather than on hard defence). However, there are also new challenges which will place additional pressure on European defence industry. One such factor, which cannot be underestimated, is the emerging influence of China and its defence companies. According to SIPRI, in recent years three Chinese defence producers ranked in the world’s top 10 producers. 1 This means that in the near future, European companies will have more competitors, capable of offering more favourable conditions – cheaper products and attractive credit – than their European counterparts. |
| `In' analytical Note | Defense and Security Analysis Vol. 36, No.4; Dec 2020: p.463-464 |
| Journal Source | Defense and Security Analysis Vol: 36 No 4 |
| Key Words | Europe ; European Defence Industry ; Polish Perspective |