The european defence market

Inhaltsverzeichnis (Table of Contents)

• INTRODUCTION
  • Purpose
  • Background
  • Literature Review
  • Design & Methodology
  • Analysis
  • Limitations
  • Expected Outcomes
  • Ethical Issues
• RESEARCH PROBLEMS
  • PROBLEM 1 — Identify the key companies in the European defence sector
    • Introduction
    • BAE Systems
    • European Aeronautic Defence and Space Company (EADS)
    • Finmeccanica
    • Thales
    • Rolls-Royce
    • DCNS - Direction des Constructions Navales Services
    • SAFRAN Group
    • Saab Group
    • Rheinmetall AG
    • Dassault Aviation
    • Remarks
  • PROBLEM 2 — Assess the defence companies' current position in their respective national industry and forecast their potential market power in a common European defence equipment market
    • Introduction
    • The task
    • Limited monopsony
    • The Herfindahl-Hirschman Index (HHI)
    • Dispersion
    • Limitations
    • The British market
    • The German market
    • The French market
    • The Swedish market
    • The Italian market
    • Outlook
  • PROBLEM 3 — Explore duplications of armaments and technological skills within the EU, suggest strategies to reduce those and companies' options to deal with this situation
    • Introduction
    • Is duplication unfavourable?
    • What factors led to duplication?
    • The European situation (Article 296)
    • Shareholding structure
    • Intra-community transfers
    • Juste Retour and offsets
    • Examples of duplication in Europe
    • Atlantic's west coast - Consolidation in the U.S.
    • Legal and other counter measures to reduce and avoid duplication?
    • Companies' strategies
  • PROBLEM 4 — Explore absence of armaments and technological skills within the EU, suggest strategies to overcome this non-existence and companies' options to use this situation in their favour.
    • Introduction
    • Absence of armaments and technological skills within the EU
    • Legal and other counter initiatives to reduce and avoid absenteeism
    • Companies' options to use this situation in their favour
  • PROBLEM 5 — Present European armaments cooperation and identify strategic options for future cooperation, merger, and acquisition
    • Introduction
    • The need for cooperation
    • European armaments cooperation
    • The future shape
    • A vague strategy
    • Recent developments
    • Future actions
  • CONCLUSION/RECOMMENDATION
    • Conclusion
    • Recommendation

  Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

  This study aims to analyze the European defence market, identifying the key companies and assessing their positions within their respective national industries. The research further examines the potential market power of these companies within a consolidated European defence equipment market. The study explores the challenges presented by duplications and absences of armaments and technological skills within the EU, proposing strategies to overcome these issues and examining companies' options to address these situations. Finally, the research explores the possibilities for future cooperation, merger, and acquisition in the European defence sector.

  • Key players in the European defence market
  • Market power and consolidation of European defence companies
  • Duplication and absence of armaments and technological skills within the EU
  • Strategies to address challenges and opportunities in the European defence market
  • Future prospects for European armaments cooperation, mergers, and acquisitions

  Zusammenfassung der Kapitel (Chapter Summaries)

  The first chapter introduces the purpose, background, literature review, design and methodology, analysis, limitations, expected outcomes, and ethical issues surrounding the study of the European defence market. This chapter lays the groundwork for the research to be conducted in subsequent chapters.

  Chapter two focuses on the key research problems, examining the leading defence companies in the European Union, assessing their market power, analyzing duplications of armaments and technological skills, exploring the absence of such skills, and exploring European armaments cooperation. Each section delves into specific aspects of these research problems, analyzing key players, market dynamics, and strategic challenges within the European defence sector.

  Schlüsselwörter (Keywords)

  The core focus of this work revolves around the European defence market, examining key companies, their market power, and the complexities of duplication and absence of armaments and technological skills. The analysis encompasses European armaments cooperation, future prospects for the sector, and the challenges and opportunities presented by this dynamic environment.

  Frequently Asked Questions

  Which are the key companies in the European defence sector?

  Key players include BAE Systems, EADS (now Airbus), Thales, Finmeccanica (now Leonardo), Rolls-Royce, and Rheinmetall.

  How is market concentration measured in the defence industry?

  The research uses the Herfindahl-Hirschman Index (HHI) to analyze market power and concentration levels across national European markets compared to the U.S.

  What are the main problems in the European armaments market?

  The primary issues are the duplication of armaments and technological skills across different EU nations and, conversely, the absence of certain critical technologies.

  Why is there so much duplication in European defence?

  Factors include national protectionism (Article 296), shareholding structures, and the "Juste Retour" principle, where countries expect industrial work-share equal to their financial contribution.

  What strategies are suggested for the future of European defence?

  The study suggests increased cross-border cooperation, mergers, acquisitions, and legal initiatives to streamline the industry and reduce market distortions.