Over the last two years, two processes have considerably modified the European strategic landscape: the development of a common security and defence policy within the European Union on the one hand, and accelerated restructuring of defence industries on the other.
Changes in the post-Cold War strategic landscape have, among other things, affected WEU countries' Defence Industrial and Technological Base (DITB). The further evolution of WEU, with respect to the recently defined EU reform and that impending in NATO, heightens the importance of solving the problems hampering European armaments cooperation, which directly affects WEU's operational capabilities.
The future of defence industries and markets is one of the most complex subjects on the agenda of European integration, as the on-going debate on the European Armaments Agency demonstrates. In this Chaillot Paper, Pierre De Vestel, a researcher at the Institute of European Studies of the Free University of Brussels, analyses the situation in the European defence industrial and technological base, develops various scenarios and makes some concrete proposals for a future European defence industrial policy.