This comprehensive two volume study has a rich data set--with nearly 231 Figures and Tables and in depth chapters on the United States and the seven European markets studied. The study:

- uses disciplined metrics of determine to what extent defense markets are open and competitive.

- examines the role of the European Union in the defense market--is an EU preference for buying
European evolving and will it ultimately lead to a protected European market?
The study makes important findings/recommendations on core issues:

- the need for deeper defense relations with the EU--increasingly the focal point in Europe for low intensity warfare;

- the criticality of export control reforms to the Transatlantic defense market and coalition war fighting capabilities; and

- the need for market opening measures in defense trade and investment, including curbs on offsets, related industrial practices, and bribery in third country defense markets.