NATO and 1992: Defense Acquisition and Free Markets

NATO and 1992: Defense Acquisition and Free Markets

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Since the mid-1970s, members of NATO have doubled annual spending in real terms on new equipment for their armed forces. Throughout this period, there have been calls for greater rationalization, standardization, and interoperability among the Allies. Countries have also changed the way they acquire equipment. This report tracks the changes in patterns of acquisition since the 1960s. It also assesses the main forms of cooperation in more detail.