Europe's Defense Spending Debate
This is a U.S. news story, published by CNBC, that relates primarily to Thierry Wizman news.
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defense spending hikeCNBC
•US Politics
US Politics
Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
87% Informative
Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally.
Some market watchers say it's inevitable that U.S. companies will benefit from the impending security splurge.
One strategist said he expects to see "aggressive" moves from American defense companies as they look to maintain a presence in Europe .
U.S. firms could make strategic moves to avoid being shut off from growing source of capital in Europe .
Analysts say European defense industry has economies of scale and highly specialized nature of what is being built.
But capacity and supply chain issues can be resolved, says Macquarie Group's Thierry Wizman .
VR Score
90
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