“Wartime economy”: from buzzworld to reality?
Changes in European defence industrial strategies since February 2022
Latvian defence industry to expand with EU funding for ammunition production
On March 15, European Commission allocated the EUR 500 million foreseen under the European Union defence industry development regulation on supporting ammunition production.
Industry welcomes EU leaders commitment to strengthening European defence capabilities
In a move aimed at bolstering the EU’s defence sector, the leaders have called for rapid progress on the […]
French frigate intercepts three ballistic missiles with Aster 30 system
On March 21, the French Navy’s FREMM-class frigate Alsace, operating in the Red Sea, successfully destroyed three ballistic missiles using the Aster 30 interceptors.
Additional military aid on track for Ukraine
Ukraine can look forward to military aid worth billions of euros as it defends itself against Russian aggression.
MBDA ENFORCER missile production proposed for funding by the European Commission
The production ramp-up for ENFORCER missiles – ENFORCER Production Increase Campaign (EPIC) – has been proposed for funding within the European Commission’s ASAP programme.
EU financial support for increased ammunition production in Sweden
The European Commission has granted Nammo Sweden AB approximately EUR 12.2 million in support under the Act in Support for Ammunition Production (ASAP).
Kongsberg Defence & Aerospace ASAP proposal has been selected by the European Commission
The Missile Increased Production Capacity (MIPC) project will significantly increase the production capacity of Kongsberg missiles.
EU approves extra €5 billion in military support for Ukraine
Ukraine Assistance Fund: the Council of the European Union allocates €5 billion under the European Peace Facility to support Ukraine militarily.
Alzchem Group receives EUR 34.4 million in EU funding
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 defence industry to boost ammunition production
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.
Finnish defence industry to ramp up ammunition production with EU grants
The Finnish defence industry has been granted EUR 32.5 million in EU funding for ramping up its ammunition production.