Bruegel 51d ago

🧠 "We're concentrating in a region that we weren't supposed to be pivoting towards, and we are very quickly spending down the munitions that were specifically built up for a potential war in the Indo-Pacific. So that's on the strategic side, just pure utter confusion.⁠ ⁠ ‼️ On the procurement side, it's brought to sort of this high point, this tension of that's been known for a long time, which is the industrial base. And that is what Ukraine showed as well that the biggest military arsenal in the world and the biggest defence industrial base could not produce enough munitions to supply Ukraine like we needed.⁠ ⁠ ❓️Well, that war is still going on. And now we have spent down our munitions even more. So there is this big push for procurement, and there's a lot of pronouncements on the Pentagon side, and they're using creatively a lot of the authorities that have been developed over the number of years. And so I see statements about legacy contractors are going to expand their factories, they're going to increase munitions. But we actually haven't seen the results of that yet."⁠ ⁠ 🗣️ Sharon Weinberger in conversation with host Rebecca Christie and Guntram B. Wolff on How Europe and the US will build and pay for the arsenals of the future.⁠