US EditionEuropean Defence Fund funnels money to drones, hypersonic defense, AI
- The European Commission allocated €910 million in 2024 to 62 defense projects focused on drones, hypersonic defense, and AI across 25 EU states and Norway.
- This funding addresses critical weaknesses such as improving troop movement and countering drone threats, while also marking the initial inclusion of Ukraine’s defense sector in the projects.
- The projects include €100 million for ENGRT II rotorcraft led by Airbus, €50 million for Milrem’s iMUGS2 unmanned ground vehicles, and €28.5 million for Norway’s Eurosweep naval minesweeping system.
- Commissioner Andrius Kubilius said the selected proposals will help European forces counter emerging threats and aid partners like Ukraine defending against aggression.
- These investments support Europe’s strategic autonomy and strengthen defense innovation, while the new European Defense Industry Program plans further financial backing from 2025 to 2027.
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Total News Sources26
Leaning Left3Leaning Right0Center3Last UpdatedBias Distribution50% Left, 50% Center
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- 50% of the sources lean Left, 50% of the sources are Center
50% Center
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C 50%
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