Lockheed chief warns Europe

An attempt by European governments to build a joint defence industrial base to counter US dominance is unaffordable and 'encourages more protectionist elements', Bob Stevens, chief executive of Lockheed Martin, the world’s biggest military contractor, said at the Paris Air Show, 18 June 2007. He said 'Is creating an independent European defense industrial base a viable option in today’s environment? '

Lockheedmartin: Speech, 17.6.07: Redefining transatlantic co-operation http://www.lockheedmartin.com/wms/findPage.do?dsp=fec&ci=18420&rsbci=0&fti=120&ti=0&sc=400

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