In commenting on the strongly negative impact that the Environmental, Social, and Governance mentality is having on European and European Union investment in national and EU defense, Aerospace, Security and Defence Industries Association of Europe Secretary General Jan Pie offered this warning:

European banks and investors have picked up the signal that Europe would be about to say defense is not a sustainable activity.

In one respect, that signal is correct. A defense establishment that is not adequately sized, armed, and trained will be unsustainable, as nations possessing such an inadequacy will be overwhelmed and conquered by nations that believe the best defense is a good offense, or that merely have better sized, armed, and trained military establishments.