Strongest argument I see for Mistral is that it's European. Which isn't a very good argument.
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Europe has a higher industrial output than the US. In Unterlüß a town of 3500 people, Rheinmetall makes about 50% as many 155mm shells as the entire US makes annually. There's a reason your trust fund metaphor takes place in Brooklyn.
You might also want to remember that article 5 was invoked once, and it wasn't by Europe.
Kidding aside, if Europe is this hidden powerhouse as you claim, then its even more odd to be begging the Americans for defense support/leadership from across the Atlantic, and still be importing natural gas from the "evil" Russians while supposedly in a fight with them. Seems to undermine your point no?