04 September 2017
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"Britain’s planned departure from the European Union could put pressure on missile-maker MBDA and will bar London from EU funds for weapons research and development, raising doubts over defense industrial cooperation with the U.K., according to a report from Ares, a network of European think tanks.
Ares published the report on Britain’s exit, titled “The Impact of Brexit on the European Armament Industry,” in the same week that Britain and the European Commission held a third round of high-level talks to negotiate London’s exodus.
The European Commission is due to fund arms research with a launch of the European Defence Research Programme and the demonstration stage of weapons with the European Defence Industrial Development Programme.
These two funds “could be more problematic for MBDA,” the report said. “British companies will in principle no longer benefit from Community credits outside the EU.”"
See: EU: Brexit consequences raise doubts over future defense industrial collaboration (Defense News, link)
The report: The impact of Brexit on the European armament industry (Ares, pdf)
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