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The evolution and future of European defence firms

Author

Listed:
  • Renaud Bellais

    (ENSTA Bretagne_SHS - Département Sciences Humaines et Sociales ENSTA Bretagne - ENSTA Bretagne - École Nationale Supérieure de Techniques Avancées Bretagne)

  • Jean-Paul Hébert
  • Keith Hartley

    (Economics - University of York [York, UK])

Abstract

The European defence industry has changed considerably since the late 1980s. The end of the Cold War required the industry to undertake major restructuring, especially when governments, expecting to reap a "peace dividend," drastically cut procurement spending. In the early 2000s this restructuring was also influenced by the new context of international security, even though defence budgets have started to increase again since 1998. The European defence industry could not expect to escape from a radical transformation, beyond the specific crisis engendered by the end of the Cold War.

Suggested Citation

  • Renaud Bellais & Jean-Paul Hébert & Keith Hartley, 2008. "The evolution and future of European defence firms," Post-Print hal-01058239, HAL.
  • Handle: RePEc:hal:journl:hal-01058239
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    Cited by:

    1. Jacques Fontanel & Manas Chatterji, 2009. "Introduction. The Controversial Economic Question Of Peace And War," Post-Print hal-03173619, HAL.
    2. Renaud Bellais & Martial Foucault & Jean-Michel Oudot, 2014. "Économie de la défense," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01052607, HAL.
    3. Jacques Fontanel, 2010. "Military research and development. United States and Europe comparisons," Post-Print hal-02207959, HAL.
    4. Renaud Bellais & Fanny Coulomb, 2013. "Le Complexe militaro-industriel, cinquante ans après Eisenhower," Post-Print hal-03299767, HAL.

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