EU Commits €1.6 Billion to Rebuild and Modernise European DefenceTech

Government

The European Commission has launched two new funding programmes designed to fundamentally strengthen the European defence industry. With the European Defence Industry Programme (EDIP) and the new pilot instrument AGILE, Brussels is making a total of approximately €1.615 billion available to increase both industrial production capacity and the pace of technological innovation in Europe. The backdrop is the changed security situation in Europe, which has gained additional urgency as a result of

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