The rumoured merger between EADS and BAE Systems is a reflection of longer term trends within the defence industry. But short term impediments will have to be overcome to ensure this deal goes through.
The proposed merger of BAE Systems and EADS has naturally attracted a number of concerns, from safeguarding sovereign defence industries to job cuts through rationalisation. But are these concerns with foundation?
Leaked information to the German press alleges that the coalition government has reneged on a previous pledge to remove US tactical nuclear weapons from Germany. The subsequent reporting frenzy heightens the decades-long national anxiety over nuclear issues. But it seems no one has paused to ask whether the original allegations stand-up to scrutiny.