On March 15, European Commission allocated the EUR 500 million foreseen under the European Union defence industry development regulation on supporting ammunition production.
Saab will build a new advanced manufacturing facility and center of innovation for weapon systems to enhance U.S. munitions production capacity and strengthen the global supply chain.
Rheinmetall receives over EUR 130 million in funding from the European Union to increase the production of ammunition.
The Defence Ministries of Latvia and the Czech Republic signed a Memorandum of Understanding on cooperation in the field of military-technical assistance to Ukraine.
Nexter (KNDS), a leading French defence manufacturer, will significantly increase its artillery ammunition production capabilities, thanks to a grant worth EUR 41 million.
Estonian Minister of Defence Hanno Pevkur announced that Estonia will send the next package of military aid to Ukraine, in the worth of EUR 20 million.
The Dutch government has announced the allocation of over EUR 150 million for the purchase of ammunition for Ukraine.
Germany acts quickly to help Ukraine defend itself against Russia by sending additional supplies of munitions. Germany would send 10,000 artillery shells from Bundeswehr reserves.
The European Commission has granted Nammo Sweden AB approximately EUR 12.2 million in support under the Act in Support for Ammunition Production (ASAP).
Alzchem Group AG has been awarded an investment grant of EUR 34.4 million by the EU Commission as part of the ASAP ("Act in Support of Ammunition Production") funding instrument.
German armament and chemical firms are set to receive a significant portion of the new EU funding dedicated to boosting European ammunition and missile production capabilities.
The Finnish defence industry has been granted EUR 32.5 million in EU funding for ramping up its ammunition production.
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