François Picard is pleased to welcome Ulrike Franke, senior policy fellow at the European Council on Foreign Relations. According to Franke, the demise of the Franco-German FCAS fighter jet project was "not a surprise to anybody". While acknowledging that Dassault was often perceived as "quite difficult to deal with," she argues that the deeper problem lay in a structural design flaw that brought together industrial rivals who "never really had the incentive to properly work together".