Cover -- Title Page -- Copyright -- Preface -- Contents -- Figures -- Summary -- Acknowledgments -- Abbreviations -- CHAPTER ONE: Introduction -- The Defense Spending Gap -- Purpose and Organization of the Study -- CHAPTER TWO: The Impact of Defense Cuts on Key NATO Allies -- The United Kingdom -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Cuts in Training and Readiness -- Changes in the Nuclear Force -- Changes and Eliminations of Military Missions -- Defense Cooperation with France -- Future Deployability and Sustainability Challenges -- France -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Elimination of an Important Capability -- Cuts in Training and Readiness -- Planned Changes in French Nuclear Forces -- Changes and Elimination of Military Missions -- Future Deployability and Sustainability Challenges -- Germany -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Elimination of an Important Capability -- Cuts in Training and Readiness -- Future Deployability and Sustainability Challenges -- Italy -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Elimination of an Important Capability -- Cuts in Training and Readiness -- Changes and Elimination of Military Missions -- Future Deployability and Sustainability Challenges -- Spain -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Elimination of an Important Capability -- Cuts in Training and Readiness -- Changes and Elimination of Military Missions.

Future Deployability and Sustainability Challenges -- The Netherlands -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Elimination of an Important Capability -- Cuts in Training and Readiness -- Changes and Elimination of Military Missions -- Future Deployability and Sustainability Challenges -- Poland -- Changes in Military Spending -- Changes in Military Manpower Levels -- Force Structure Cuts -- Changes in Modernization Plans -- Elimination of an Important Capability -- Cuts in Training and Readiness -- Changes and Elimination of Military Missions -- Future Deployability and Sustainability Challenges -- Future Prospects -- CHAPTER THREE: NATO Europe's Capability for Defense and Power Projection in the Coming Decade -- Defense of NATO Territory -- Missions in NATO's Immediate Neighborhood -- High-Intensity Power-Projection Missions in More-Distant Regions -- Long-Range Operations with Small "Conventional" Forces -- Long-Range SOF Operations -- Conclusion -- CHAPTER FOUR: The Broader Strategic Context -- The Limits of Smart Defense -- Pooling and Sharing -- The Impact of the Euro Crisis -- The European Defense Industrial Sector -- The Libyan Intervention: Lessons and Implications -- Shifting U.S. Defense Priorities -- CHAPTER FIVE: Implications and Recommendations for U.S. Policy -- Transatlantic Defense Challenges in an Era of Austerity -- Sustaining the Alliance over the Long Run -- Bibliography.