BRUSSELS — NATO member countries are increasing efforts to expand defense production as European governments seek greater military readiness amid continuing security concerns.
The expansion is creating new demand for weapons manufacturers and advanced technology companies.
Europe Expands Defense Industry
European governments are investing in ammunition, air-defense systems, drones and military vehicles.
The goal is to strengthen national capabilities while reducing dependence on foreign suppliers.
The war in Ukraine has demonstrated the importance of maintaining adequate supplies of ammunition and equipment.
European defense companies are therefore expanding production facilities.
Some governments are also encouraging partnerships between manufacturers in different countries.
Supporters say greater cooperation can make European defense industries more efficient.
The expansion is also having an economic effect.
New factories can create jobs in engineering, manufacturing and technology.
However, increased defense spending requires governments to make difficult budget decisions.
European countries must balance military investment with healthcare, pensions and infrastructure.
The NATO alliance continues to coordinate planning among member states.
The United States remains the alliance's largest military power, but European countries are increasingly expected to contribute more.
The shift could permanently change Europe's defense industry.
Companies capable of producing advanced military technologies may become increasingly important to national security.
