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US arms groups woo European rivals as they target region’s rising spending

American contractors are setting up partnerships including building supply chains and manufacturing

US defence companies are wooing European rivals, targeting closer partnerships, as they seek to ensure they are not locked out of the region’s military spending spree.

Executives at some of America’s biggest defence groups were at pains to underline their long-standing transatlantic ties at the Paris air show last week, while also promising to help European countries build up their sovereign capabilities.

“We are an American company but we are also a global company,” said Bernd Peters, vice-president of business development and strategy at Boeing’s defence arm. 

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