Farnborough Airshow 2008 A spending gap on defence procurement between US and European governments is threatening to create “a transatlantic capabilities gap”, the head of the world’s largest defence company has warned.
Speaking on the eve of the Farnborough International Airshow on Sunday, Robert Stevens, chief executive of Lockheed Martin, said although the spending gap was not a new concern, “my worry is that the cumulative effect of this differential, year after year, is creating a transatlantic capabilities gap that threatens to become unbridgeable”.
