Europe’s defence industry faces structural weaknesses in innovation, governance, international dependency and public spending, former Italian prime minister Mario Draghi said in his report on EU competitiveness. “Member states do not systematically exploit the benefits of coordination at EU level, standardisation and interoperability, joint procurement, acquisition and maintenance, or pooling and sharing of resources,” reads according to the report, published on Monday (9 September). The result? Uncoordinated, inadequate and inefficient defence spending compared to other global players such as…