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Fortresses and Icebergs

The Evolution of the Transatlantic Defense Market and the Implications for U.S. National Security Policy

By Jeffrey P. Bialos, Christine E. Fisher, and Stuart L. Koehl

This pathbreaking study is one of the most objective ever to examine the Transatlantic defense market and its implications for U.S. policy. On the demand side of the market, do “Fortresses” exist or are they developing on either side of the Atlantic? On the supply side, are the defense industries stand alone “Icebergs” or increasingly integrated?

This comprehensive two volume study has a rich data set—with nearly 231 Figures and Tables and in depth chapters on the United States and the seven European markets studied. The study:

• uses disciplined metrics of determine to what extent defense markets are open and competitive.

• examines the role of the European Union in the defense market—is an EU preference for buying
European evolving and will it ultimately lead to a protected European market?
The study makes important findings/recommendations on core issues:

• the need for deeper defense relations with the EU—increasingly the focal point in Europe for low intensity warfare;

• the criticality of export control reforms to the Transatlantic defense market and coalition war fighting capabilities; and

• the need for market opening measures in defense trade and investment, including curbs on offsets, related industrial practices, and bribery in third country defense markets.

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