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The European Defence Industrial Strategy (EDIS) is a welcome addition to strengthen the European Defence Technological and Industrial Base (EDTIB) and Europe’s security. However, to succeed, the EU will need to increase its collaboration with like-minded third-country partners, facilitate the participation of valuable contributors owned by third-country entities from allied countries, ensure sufficient flexibility, integrate advanced technologies as well as support the completion of the Single Market for financial services. Only in this way can the EU overcome current geopolitical threats whilst increasing the competitiveness and readiness of its EDTIB.