First published in 1992. The changing strategic environment of the 1990s has been characterised by events such as the Middle-East conflagration and super-power disarmament which represent the two opposing ends of the present security spectrum. The framing of appropriate defence policies now depends on increased NATO industrial defence restructuring and cooperation, especially within Europe. This book identifies, explains and analyses the key issues involved in Europe's defence-industrial reorganisation progress. It tackles head-on controversial issues such as: divergences between practice and policy in NATO US-European positions; the high costs of collaborative ventures; competition vs concentration and the complexities of adopting an European defence consensus within NATO. At a time when the diminution of NATO's defence-industrial base goes hand-in-hand with product reorientation and specialization, this book provides concise, critical and contemporary assessment of European and NA TO collaborative issues.