B1 Non-refereed article in a scientific journal
The Changing European Defence Market – Will the new european defence market legislation be a game-changer for Finland?
Subtitle: Will the new european defence market legislation be a game-changer for Finland?
Authors: Mikkola Harri, Anteroinen Jukka, Lauttamäki Ville
Publisher: The Finnish Institute of International Affairs (Ulkopoliittinen Instituutti)
Publishing place: Helsinki
Publication year: 2013
Journal: UPI briefing paper
Volume: 2013
Issue: 123
First page : 1
Last page: 8
Number of pages: 8
eISSN: 1795-8059
Web address : http://www.fiia.fi/en/publication/320/the_changing_european_defence_market/#.UrLr9-LcCmQ(external)
Abstract
The European defence industrial base is transforming. The changes in the European defence market legislation, the decrease in defence materiel demand and changing defence requirements are redefining the industry in a way that has not been seen in decades.
The new European legislation in particular poses serious challenges for the Finnish defence industry, including the national market opening and the diminishing possibility for offset arrangements.
It is likely that the major European states are trying to protect their own defence industrial base. The future of the Finnish defence industry will be determined by whether the European market opens up in the first place, in part or in its entirety.
There is no going back to the time preceding the new legislation. It is crucial for the Finnish defence industry to find and utilize new market opportunities. Networking with the European system integrators and sub-contracting chains will be of paramount importance.
The European defence industrial base is transforming. The changes in the European defence market legislation, the decrease in defence materiel demand and changing defence requirements are redefining the industry in a way that has not been seen in decades.
The new European legislation in particular poses serious challenges for the Finnish defence industry, including the national market opening and the diminishing possibility for offset arrangements.
It is likely that the major European states are trying to protect their own defence industrial base. The future of the Finnish defence industry will be determined by whether the European market opens up in the first place, in part or in its entirety.
There is no going back to the time preceding the new legislation. It is crucial for the Finnish defence industry to find and utilize new market opportunities. Networking with the European system integrators and sub-contracting chains will be of paramount importance.