""When I talk with the industry, the industry keeps telling me many nations still approach them individually with their individual requirements. And that is something that we should avoid.""
""We should look at how much can we collaborate, work together. Shared systems also make it easier for allies to operate together in a war.""
""We need to make sure that we use the taxpayer's money cost efficiently, especially given that the cost escalation within defense systems is higher than in the civilian market.""
""Ukraine is demonstrating that it can build and modify weapons more quickly and cheaply than its partners typically can.""
NATO members are not consistently purchasing weapons together, which hampers their ability to build stockpiles efficiently. Joint procurement can lead to cost savings and better resource allocation. Individual nations often approach the defense industry with separate requirements, leading to higher costs. Collaboration in defense systems enhances operational effectiveness among allies. The urgency for joint production has increased due to rising defense spending amid security concerns, particularly following Russia's invasion of Ukraine. Traditional defense development processes are criticized for being slow and inadequate.
Read at www.businessinsider.com
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