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European Defence Industry

All articles tagged with #european defence industry

Europe’s Quiet Push for Defense Autonomy: Building a US-Independent Arsenal
economics2 hours ago

Europe’s Quiet Push for Defense Autonomy: Building a US-Independent Arsenal

Europe is pursuing defense sovereignty by cutting reliance on US ITAR-controlled tech, consolidating the EU’s fragmented defense sector through the EDIS/EDIP and the SAFE fund, and aiming for at least 50% EU defense procurement by 2030, while building a sovereign space shield and using Ukraine as a battlefield lab to fast-track innovation. The push faces hurdles from bureaucratic fragmentation across 27 member states, limited capital, and political tensions with NATO allies, complicating consolidation and rapid decision-making.

EU's €90bn Ukraine loan: defence-first spending and a European-made bias
world2 months ago

EU's €90bn Ukraine loan: defence-first spending and a European-made bias

The EU's €90 billion loan to Ukraine will begin disbursing mid-June, with about €60bn aimed at strengthening wartime defence and the rest to support the national budget. Rules prioritize purchases made in Ukraine, the EU, or signatory partners, with exemptions for urgent needs or when European supply is lacking; the first tranche (€5.9bn) is expected to fund drones, followed by funds for ammunition and air defence. Europe’s defence industry is currently under capacity constraints, prompting calls to speed up domestic production and broaden supplier options while allowing justified exceptions.