More for Less? Exploring the Economic Dimensions of Multilateral Collaboration in Military Aerospace Projects

More for Less? Exploring the Economic Dimensions of Multilateral Collaboration in Military Aerospace Projects

Faced with declining defence budgets and spiralling weapon costs, international collaboration in military production appears both a sensible and attractive ‘value for money’ solution. International collaboration offers in theory the opportunity for both cost- and risk-sharing between members of the collaborating group, making military projects feasible that could not be entertained (financially or perhaps technologically) by one country or one company.