Globalization and the transatlantic defense

Abstract

This article examines the impact of globalization on the transatlantic defense industrial base. After providing a brief overview of globalization’s general effects on countries and companies, and the current structure of the US and European global defense industry, the article examines how elements of globalization are shaping the strategies of defense companies. We focus on those elements of globalization that are of particular importance to the defense industry. They include the globalization of capital (finance), production, trade, and technology.