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Fortune
Fortune
Sander van 't Noordende

Europe’s defense buildup will fall short unless one big problem is solved: Randstad CEO

(Credit: DAMIR SENCAR/AFP via Getty Images)

As geopolitical tensions continue to reshape the global order, European nations are ramping up defense spending at a pace unseen in decades. In 2024, the region’s defense turnover reached over €290 billion—a 10.1% increase year-on-year. Through substantial investments in land systems, military aviation, cybersecurity, and naval forces, Europe has signaled a clear ambition to play a more autonomous role in global security.

Yet, one critical issue threatens to undermine this momentum: the growing scarcity of skilled talent.

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