E.U. Opens Up For Competition In Defense Contracting

Law360, New York (August 1, 2006, 12:00 AM EDT) -- On July 1, 2006, the European Defense Agency (EDA) officially launched the new European Defence Equipment Market (EDEM), designed to bring open competition to E.U. defense procurement.

Undergirding the new market and critical to its success are the following voluntary initiatives:

• Code of Conduct on Defense Procurement (“Code of Conduct”), and

• Code of Best Practice in the Supply Chain (“Code of Best Practice”).

Responding to a May 19, 2006 deadline, 22 of the E.U.’s 25 member states have now formally subscribed to these programs....
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