Futurology

All EU countries are doing a similar thing, and there's very little industry in the EU. So I expect a small number of people to make a lot of money, for a small number of (weapon) systems delivered.

To be successfull in their goal of self-reliance in defense, the EU would need te reverse 30 to 40 years of de-industrialization. I don't see that happening any time soon, as most of the EU is a demographic mess, full of NIMBY-ers, and there are very little STEM and manufacturing experts.

As they said in the wire: we're past the point of making stuff, we just try to reach into the next guys' pocket.

There is only a limited amount of engineers available. The money will thus rise their wages and thus will cripple every other industry.

Since the money is spent by lobbyists, it will be used to create weapons that sound good and could win the last wars but not future wars.

Germany thus will increase inflation, lose market shares for their existing products and once again, will confidently start the next world war, this time to defend democracy. Then they will be once again surprised by logistics and the innovation of the rest of the world.