The European Union defense pact, known as Permanent Structured Cooperation (PESCO), has identified 17 defense projects to be undertaken by the 25 participating EU states starting next year.
European Union member states on Monday kick-started the establishment of a defense union, after the European Council approved the new European defense and security cooperation network, at a meeting in Brussels, an EU press release said.
The Permanent Structured Cooperation (PESCO), which was first set out in the Lisbon Treaty, will allow member states to jointly develop military capabilities, invest in shared projects and enhance their respective armed forces.
The EU Defense Pact countries have identified 17 joint projects including establishing a pan-European military training center, improving capability development and even introducing common standards for military radio communication.
Germany is to take the lead on four projects: the creation of a pan-European medical unit, a logistics hub, a center for training missions and an initiative to build up faster crisis response forces.
Those projects are expected to be formally adopted early next year, with participating countries also invited to propose additional programs.
European defense ministers from 23 member states had initially signed a joint notification on PESCO on November 13 while Portugal and Ireland announced their decision to join the pact on December 7, bringing up the number contributing members to 25.
Although PESCO remains an intergovernmental program, the Commission said in a press release that it will prop up the network via its European Defense Fund. Money is set to be assigned for the acquisition of new defense equipment and technology, as well as to finance grants for research projects.
European Union defence ministers have tested their ability to respond to a attack by computer hackers in their first cyber war game Thursday. The test was based on a simulated attack on one of the blocs military missions abroad,
Frand and Germany plan to come up with a roadmap for joint development of a new European fighter jet and replacement of the existing fleet by mid-2018. "Today there are too many European standards and qualifications and sometimes there is competition among Europeans internationally," French President Emmanuel Macron was quoted as saying by Reuters during a news conference along with German Chancellor Angela Merkel Friday
The European Commissions (EC) unified multi-billion-euro defense fund to buy military equipment may affect sales of US-made equipment including Lockheed Martins F-35 fighters in Europe. "The protection of Europe can no longer be outsourced," European Commission President Jean-Claude Juncker told a defence conference in Prague Friday
The European commission today proposed to mobilise €5.5 billion per year as part of unified defence fund to boost Europe's defence capabilities and to coordinate, supplement and amplify national investments in defence research, in the development of prototypes and in the acquisition of defence equipment and technology,
The European Union is set to unveil a multi-million-euro defense fund to buy military equipment and on inter-European defense capabilities at a time when US President has called for increased contributions from European countries for NATO. The push for a new phase of cooperation on military and security including on procurement of weapons and technologies will make European countries free from relying on US spending in North Atlantic Treaty Organization (NATO)
The members of the European Parliament have approved a proposal to establish a European defence industrial development programme, under which €500 million would be allocated from the EU budget for 2019-2020 to co-finance the joint development of new defence technologies and equipment. The EU will be able to spend money on defence for the first time ever
The European Union launched a 10.5-billion euro ($12
Leonardo announced today the signature of the grant agreement for OCEAN2020, a project related to the initiative to boost Europe's defence research under the European Defence Fund. "OCEAN2020 will make it possible to promote technological research in a sector of great interest and relevance for Europe and for the Mediterranean area in particular, such as maritime safety,” said Alessandro Profumo, CEO of Leonardo
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