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\u003ch3\u003eExecutive Summary\u003c/h3\u003e\n\u003cp\u003eIn 2018 the launch of 34 capability projects under the European Union (EU)’s Permanent Structured Cooperation (PESCO) framework was hailed by some as a breakthrough for European defence. At the same time, it was met with widespread scepticism over its ability to meet the continent’s defence needs.\u003c/p\u003e\n\u003cp\u003eThis policy brief draws upon the EU’s 2018 revised Capability Development Plan (CDP) and its Level of Ambition (LoA) capability requirements to assess whether current projects address the EU’s identified shortfalls to any meaningful extent.\u003c/p\u003e\n\u003cp\u003eBy cross-referencing PESCO projects against these two EU target criteria, this ELN-IISS\u003cbr /\u003e\nresearch paper concludes that:\u003c/p\u003e\n\u003cul\u003e\n \u003cli\u003ePESCO projects are headed in the right direction. They broadly correspond to the CDP priorities across all domains while also beginning to tackle some of the LoA capability shortfalls, although to a very limited extent. There are particularly promising projects in the fields of \u003cem\u003eIntelligence Surveillance and Reconnaissance, Enhanced Logistics, Ground Combat Capabilities,\u003c/em\u003e and \u003cem\u003eCybersecurity\u003c/em\u003e;\u003c/li\u003e\n \u003cli\u003eNevertheless, the vast majority of EU LoA shortfall areas are currently not covered by PESCO projects. Projects are often at the low-end of the capability spectrum and consist mostly of what Member States were ready to develop at the national level;\u003c/li\u003e\n \u003cli\u003eMere activity is not the solution to Europe’s capability problems. Although PESCO projects are useful, they are for now unlikely to make a significant impact on meeting the Union’s requirements;\u003c/li\u003e\n \u003cli\u003eYet, PESCO has the potential to become a meaningful framework for European defence procurement, but only if Member States show willingness to go beyond the political and industrial hurdles to jointly deliver the capabilities that they need.\u003c/li\u003e\n\u003c/ul\u003e\n\u003cp\u003e\u003cstrong\u003e\u003ca href=\u0022https://www.europeanleadershipnetwork.org/wp-content/uploads/2019/02/Final-PESCO-policy-brief-ELN-IISS-20-Feb-2019-ilovepdf-compressed.pdf\u0022\u003eDownload the full Policy Brief\u003c/a\u003e\u003c/strong\u003e\u003c/p\u003e","className":"richtext reading--content font-secondary"}), document.getElementById("react_QVkz3k8DN0y6QT28FvSkpQ"))});
\u003cp\u003eIn 2018 the launch of 34 capability projects under the European Union (EU)\u0026rsquo;s Permanent Structured Cooperation (PESCO) framework was hailed by some as a breakthrough for European defence. At the same time, it was met with widespread scepticism over its ability to meet the continent\u0026rsquo;s defence needs.\u003c/p\u003e
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