The Fiscal Times cites the Atlantic Council for hosting an event with Thomas Enders, chief executive officer of the France-based Airbus Group:

“European defense is in an appalling state,” Thomas Enders, chief executive officer of France-based Airbus Group, said last week at an event hosted by the Atlantic Council, a Washington-based research organization. He said recent developments in Ukraine might reverse that decline. “We as a defense industry in Europe are massively reducing capacities and workforces. We are far, far away from an effective European defense strategy.” 

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