Overview

• European defense spending in 2024 is 50% higher than in 2014, driven by security concerns following Russia's actions in Ukraine.
• A report from the International Institute for Strategic Studies highlights critical shortfalls in troop numbers across European armed forces.
• European leaders are reevaluating their defense strategies in light of Donald Trump's return to the U.S. presidency, which may impact transatlantic relations.
• The defense industry in Europe has ramped up production, particularly in air defense and artillery, but faces challenges such as regulatory hurdles and resource competition.
• NATO's European members continue to depend on the U.S. for certain military capabilities, despite efforts to boost local defense systems.