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    Home»News»Europe’s Defense Industry Must Stop Privatizing Profits and Socializing Risk
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    Europe’s Defense Industry Must Stop Privatizing Profits and Socializing Risk

    Whatfinger EditorBy Whatfinger EditorMarch 26, 2026No Comments4 Mins Read
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    European defense firms have a nanny state problem: they refuse to accept responsibility for their own physical security. They are used to depending on the government because they are part of the national security industrial base. But they need to accept that security measures are part of the cost of doing business. That’s what American firms do.

    In a good example in the Czech Republic last week, a Czech manufacturer who supplies drones to Ukraine was hit by an arson attack. A group claiming responsibility for the attack accused LPP Holding in Pardubice, Czechia, of cooperating with Israeli firm Elbit and claimed to be motivated by anti-Israeli sentiments. LPP Holding denies any association with Elbit. Analysts suspect the Israel-centered claims may be a clumsy attempt to divert attention from potential Russian involvement.


    Read Full Article: https://amgreatness.com/2026/03/26/europes-defense-industry-must-stop-privatizing-profits-and-socializing-risk/

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