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You are here: Home / Foreign Affairs / Europe’s $1 Trillion Race to Build Back Its Defense Industry

Europe’s $1 Trillion Race to Build Back Its Defense Industry

January 25, 2026 at 8:47 am EST By Taegan Goddard Leave a Comment

“President Trump’s overtures about acquiring Greenland are now reviving questions among the U.S.’s North Atlantic Treaty Organization allies over whether Europe can make enough of its own weapons to fight independently of America,” the Wall Street Journal reports.

“Defense analysts and lawmakers mainly conclude yes, but not just yet.”

“The continent’s once-sclerotic defense industry is churning out drones, tanks, ammunition and other weaponry at its fastest pace in decades as the region looks to rearm in the face of Russian aggression and divides with Washington. But there is still some way to go.”

Washington Post: Trump is breaking the old global order; allies brace for economic risks.

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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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