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The Intelligent Aerospace take:
January 22, 2019-Airbus would obviously benefit from increased military spending by EU members, so it's not all that surprising that Airbus Defense and Space CEO Dirk Hoke called for European nations to honor a pledge made in 2014 to spend 2 percent of their country's GDP on defense. However, Hoke also speaks truthfully when he noted to CNBC that the United States and China are out pacing Europe outside of the Earth's atmosphere. In addition, just three NATO countries had met the 2 percent target.
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Jamie Whitney, Associate Editor
Intelligent Aerospace
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