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.
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.
The European Commission allocated the €500 million foreseen under the Act in Support of Ammunition Production (ASAP).
The EU states have agreed to continue their joint funding of military equipment for Ukraine.
The European Commission’s new defence industrial strategy sets out to strengthen the EU’s defence industry through common and local procurements. But it will need both financial and political buy-in to succeed.
The European Defence Agency (EDA) has brought together two EU Member States to develop a satellite demonstrator that can manoeuvre from Low Earth Orbit (LEO) to Very Low Earth Orbit (VLEO).
On March 5, the European Commission presented the European Defence Industrial Strategy (EDIS) and the European Defence Investment Programme (EDIP).
The European Defence Industrial Strategy (EDIS) sets a clear, long-term vision to achieve defence industrial readiness in the European Union.
International cybersecurity and medical imaging IT company Sectra has received orders from EU organizations, including three new EU member states.
The objective of this defensive maritime security operation is to restore and safeguard freedom of navigation in the Red Sea and the Gulf.
Airbus will coordinate four defence R&D projects following the successful signature of the grant agreement between the European Commission and the consortia.
NATO Secretary General Jens Stoltenberg underscored the importance of NATO-EU cooperation in response to Russia’s war against Ukraine.
Categories: