European Union adopts €150 billion SAFE instrument for joint defence procurement
The Council of the European Union has officially adopted the Security Action for Europe (SAFE), a new €150 billion financial instrument.
The Council of the European Union has officially adopted the Security Action for Europe (SAFE), a new €150 billion financial instrument.
GMV, the multinational technology and defence systems company, has been selected to participate in six projects under the 2024 European Defence Fund (EDF).
The European Commission and the European Investment Fund (EIF) have announced a €40 million investment in Keen Venture Partners' European Defence and Security Tech Fund.
Switzerland will participate in the European Union’s Permanent Structured Cooperation (PESCO) project “Cyber Ranges Federation” (CRF), following approval by the EU Council on 20 May 2025.
The Council of the European Union has imposed new restrictive measures on three Russian military entities involved in the use and development of chemical weapons.
The EU and United Kingdom have agreed on a Security and Defence Partnership following the EU–UK Leaders Summit held in London on 19 May.
On May 12, the European Union and Ukraine held the inaugural meeting of the EU–Ukraine Task Force on Defence Industrial Cooperation.
Finnish defence company Patria has secured €45 million in European Union funding to spearhead the development of the Artificial Intelligence Warfare Adaptive Swarm Platform (AI-WASP).
In 2025, Denmark will be responsible for disbursing approximately 830 million euros for donations procured in the Ukrainian defence industry on behalf of the EU.
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.
German defence technology firm HENSOLDT has completed its second measurement campaign under the European research and development project STORE.
A European high-tech consortium, led by the Estonian company Milrem Robotics, has secured nearly €50 million in funding from the European Defence Fund (EDF).
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