The Spanish defence industry in the face of sector consolidation in Europe

Summary:

The Spanish defence industry has gone through a decade of strong growth, largely as a result of its participation in large-scale programmes for the procurement of military platforms. However, this growth model appears to have run its course and Spain's industrial sector must be adapted to an increasingly integrated European defence market and to the new strategic and technological demands of the Armed Forces. This reform will require that a strategy be developed for the participation of Spanish industry in the process of European consolidation, a revision of the Defence Ministry's current procurement policy, and a change in the sector's mentality and structure. All this should be reflected in a White Paper on the Spanish Industrial Defence Sector, prepared jointly by the Government and industry.