EU Allocates $1B Under European Defence Fund to Boost Industry

EU Allocates $1B Under European Defence Fund to Boost Industry

The EU allocated $1.02 billion under the 2024 European Defence Fund to bolster Europe’s defense industry and selected successful proposals.

Launched as early as 1945, the idea of an autonomous European Defense was delayed for 50 years. European Defense would function as an independent level within NATO. The first steps of European Defense took place between 2003 / 2016. The US has been giving signs for years that it will not continue to ensure our security indefinitely. Faced with the return of war on the old continent, the European Union's ability to become a more independent and s…

European Commission invests EUR 910 million to enhance defence capabilities and strengthen industry collaboration

The European Commission has announced a €910 million investment under the 2024 edition of the European Defence Fund (EDF) to bolster Europe’s defence industry.

EU invests €910 million in defence innovation

The European Commission has announced an investment of €910 million under the 2024 edition of the European Defence Fund (EDF), aimed at strengthening the continent’s defence innovation capabilities through cooperation and advanced technology development This latest funding round supports a wide range of research and capability development projects and marks a significant step forward in integrating Ukraine into the European defence ecosystem. Th…