EU Invests in Weapons Production. Plans 60 Million Pieces of Ammunition per Year
5 Articles
5 Articles
PROJECTS will cover 17 production plants in 14 member states of the European Union and Norway, the European Commission announced today.
The European Commission (EC) announced on Wednesday the allocation of Euro168.2 million for the development of defence production in Europe under the European Defence Industry Programme (EDIP).
The European Commission announced that it is awarding €168.2 million to eight projects to increase European production of drones, missiles and ammunition. The projects will leverage €1.26 billion in industrial investment, the statement said. The funded projects aim to accelerate and scale up the production of parts for these defense products. The projects are expected to […] The post EC allocates almost €170 million for production of missiles, d…
The projects will leverage industrial investments of €1.26 billion to accelerate and expand the production of energy cells used in missiles, drones and ammunition.
Euro168.2 million for increasing the production of drones, missiles and ammunition to Europe.The funds are still allocated between the axis of the project, the coitos of the glass, and will attract the investment of 1.26 billion euros from the EC, the BTA front.
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