Billions could be saved - new report on European defence policy
During "The Future of European Defence" project, McKinsey & Company has prepared a new report on European defence policy, analyzing savings potentials in 'pooling' and 'sharing' as well as possible improvements in other areas. Through joint procurement alone, the report finds, for example, the annual savings could amount to 13 billion euros for European states.
You can download the report "The Future of European Defence: Tackling the Productivity Challenge" with data and analysis here.
The report was prepared over the course of a project on "The Future of European Defence", which was organized jointly by the Munich Security Conference and McKinsey & Company (for more information see here).