Defense News: The U.S. and European shipbuilding industries lead largely separate lives against the backdrop of a massive Asian naval buildup, but some trans-Atlantic projects still manage to thrive.
The building of warships has always been a prime example of nations nurturing a highly specialized industry deemed so crucial that outside economic forces cannot be allowed to intervene. And while some European nations have begun to think about pooling shipbuilding forces on the continent, analysts and industry executives in Europe say the wall separating the U.S. and European naval markets remains high.
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