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EU Commission: 910 million to “create a strong and innovative defence industry in Europe”

The Commission is investing €910 million under the 2024 edition of the European Defence Fund (EDF) to create a strong and innovative defence industry in Europe. These investments, according to a statement, “aim to close key capability gaps — like force mobility and drone defence — through innovation and collaboration across European science and industry”. Moreover, and for the first time, Ukrainian defence industries can be associated to EDF projects. “These investments will boost Europe’s defence industry, in line with the Commission’s ReArm Europe Plan/Readiness 2030”.

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