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Image header Agence Europe
Europe Daily Bulletin No. 13411
SECURITY - DEFENCE / Defence

EU to invest €1,031 million in 54 defence projects through European Defence Fund

On Thursday 16 May, the European Commission announced the results of its call for proposals under the European Defence Fund 2023. As a result, 54 joint European defence research and development projects will receive €1,031 million in EU funding: €265 million will finance 30 research projects and €766 million will be used to finance 24 capability development projects, 14 of which are linked to a permanent structured cooperation (PESCO).

The projects that have been chosen cover a...

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