Europe’s defense build-up depends on getting partnerships right

Europe's defense sector is experiencing significant investment growth, with increased venture funding and EU loan programs tied to domestic production. Key challenges for joint ventures (JVs) include speed, control, and differing value metrics between innovators and established firms. Successful examples like Rheinmetall-ICEYE and Helsing-OHB demonstrate effective collaboration, while overlooked issues like divergent value assessments hinder progress.