“Two Paris air shows ago, there weren’t a lot of orders,” said Rick Edwards, who heads Lockheed’s international division. “Now ... our fastest growth market for Lockheed Martin in the world is Europe.”
Eric Fanning, chief executive of the Aerospace Industries Association, said the NATO pledge and European concerns about Russia were fueling demand. “I do think it reflects the increasing provocations of Russia,” he said.
“Iran is our best business development partner. Every time they do something like this, it heightens awareness of the threat,” said one senior defence industry executive, who asked not to be named.
“Europe is really big for us now, and that’s a big change in just the last few years and even the last 18 months,” he said.
“There’s a huge appetite in Europe for defence as a whole,”