European defence: Collapse of EADS-BAE merger is a lost opportunity

EADS' chief executive Dr Tom Enders (photo:dpa)
EADS' chief executive Dr Tom Enders (photo:dpa)

A merger between EADS and BAE Systems, if it had succeeded, would have created the largest aerospace and defence company in the world. The outcome would have invigorated the future of both companies and opened new options for defence and security cooperation among three major European countries. This would have created pivotal implications for relations with the United States. The deal failed on political grounds with unforeseeable consequences for both European defence and its defence industries.

EUROPE is far from becoming a mature military partner, let alone from achieving the ‘strategic independence’ which had inspired dreams within the European Union’s European Security and Def...

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