Abstract
Profound changes are afoot in the European defence industries. The GEC/Siemens takeover of Plessey is just one of the more prominent examples of a widespread process of restructuring that reveals both the pressure on companies to think internationally, and the reluctance of governments – even when as committed as the British government is to international competition – finally to let go of all aspects of national control over defence companies. These changes have implications for European technological capabilities, transatlantic (as well as European) industrial and international relations, and the capacity of governments to regulate the current wave of industrial activity in the public interest. All this is occurring against the wider backdrop of the move towards the single European market from the end of 1992, and the expectation that defence budgets will be increasingly constrained as East-West tensions subside.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
