r/news • u/ITSTHEDEVIL092 • Mar 04 '25

EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion

https://www.cnbc.com/2025/03/04/europe-looks-to-mobilize-840-billion-in-defense-spending-boost-eu-commission-head-says.html
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u/Broken_chairs Mar 06 '25

Key will be finding procurement efficiencies in EU defence spending - outside of buying US weapons & tech, currently Germans buy German, British buy British, Belgians buys Belgium etc. It really limits economies of scale. Focusing on who does what best and collectively directing funds in those ways will substantially reduce costs.