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Airbus Warns on European Defense
Guillaume Faury, the CEO of Airbus, stated that the prospects for the future of European defense cooperation are bleak due to pressures on European countries and scarce resources for investment. This came after the collapse of the Future Combat Air System project between France, Germany, and Spain, which was terminated following tensions between the industrial giants Airbus and Dassault. Faury emphasized that national solutions could persist for decades if current opportunities to strengthen European cooperation in the defense sector are not seized.
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