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. MEPs approved plans to support the joint development of military equipment and technologies, European Parliament said in a statement Tuesday.
For the next long-term EU budget 2021-2027, a European Defence Fund of €13 billion has been proposed to fund military development and research activities, while a €90 million research test programme for 2017-2019 has already been started.
The development of defence products will need to be carried out by a consortium of at least three companies established in at least three EU countries in order to be eligible for funding by the programme, while products prohibited by international law are excluded from funding.
In a December 2017 resolution on a common security and defence policy, MEPs welcomed these efforts to better coordinate defence spending and reduce duplication and waste, recalling that, “compared to the US the EU-28 spend 40% on defence but only manage to generate 15% of the capabilities that the US gets out of the process, which points to a very serious efficiency problem”. Check our infographic to find out more about the benefits of closer defence cooperation at EU level.
“This first European programme specifically dedicated to defence industrial projects will increase cooperation and strengthen the competitiveness of the EU defence industry,” said French EPP member Françoise Grossetête, the MEP in charge of steering the proposals through Parliament, following a deal with the Council on 22 May.
Deeper defence integration is not a new idea. The European Defence Community was one of the first and most ambitious attempts to create a joint European army in the early 1950s, but its failure cooled ambitions for Europe’s common defence for nearly half a century.
Over the last two decades, the move toward cooperation has intensified and Pesco is the latest initiative to jointly develop European military capabilities. Also, for the first time, collaborative projects in defence technology, such as the development of marine surveillance drones, might be co-financed directly by the EU.
The 28-member European Union spent €200 billion ($222 billion) on defence in 2016, the same figure as in 2015, Eurostat announced Friday. The EU, most of whose members share NATO membership with the United States are under pressure from Washington to increase military spending and buy more American arms
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
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
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,
Dassault Aviation has revealed what could be the contours of the next generation fighter jet to be made by a European team led by France. The video, ‘Wings for Europe released by the company on its website in May this year showed the outline of the new jet that France and Germany are eyeing to produce jointly
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