Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » European Defence Fund

    European Defence Fund

    eub2eub27 June 2017Updated:9 July 2024 Defence
    Share
    Facebook Twitter LinkedIn Pinterest Email
    — last modified 07 June 2017

    The European Commission launched on 7 June a European Defence Fund to help EU Member States spend taxpayer money more efficiently, reduce duplications in spending, and get better value for money. The Fund will coordinate, supplement and amplify national investments in defence research, in the development of prototypes and in the acquisition of defence equipment and technology.


    Advertisement


    The European Defence Fund has two strands:

    • Research: The research aspect of the Fund is already delivering. Starting in 2017, the EU will for the first time offer grants for collaborative research in innovative defence technologies and products, fully and directly funded from the EU budget. Projects eligible for EU funding will focus on priority areas previously agreed by Member States, and could typically include electronics, metamaterials, encrypted software or robotics. This will be financed with:
      • €90 million until the end of 2019, with €25million allocated for 2017. A call for proposals is being launched today for projects in the areas of unmanned systems in a naval environment and soldiers systems. The signature of the first grant agreements is expected by the end of this year.
      • €500 million per year after 2020. In 2018, the Commission will propose a dedicated EU defence research programme with an estimated annual budget of €500 million making the EU one of the biggest defence research investors in Europe.
    • Development and acquisition: The Fund will create incentives for Member States to cooperate on joint development and the acquisition of defence equipment and technology through co-financing from the EU budget and practical support from the Commission. Member States may for example jointly invest in developing drone technology or satellite communication, or bulk buy helicopters to reduce costs. Only collaborative projects will be eligible, and a proportion of the overall budget will be earmarked for projects involving cross-border participation of SMEs. The EU will offer co-financing with:
      • €500 million in total for 2019 and 2020, under a dedicated defence and industrial development programme proposed today.
      • €1 billion per year after 2020. A more substantial programme will be prepared for post-2020, with an estimated annual budget of €1 billion. The programme will leverage national financing with an expected multiplying effect of 5. It could therefore generate a total investment in defence capability development of €5 billion per year after 2020.

    Factsheet on the European Defence Fund

    The European Defence Fund – Frequently Asked Questions

    Communication Launching the European Defence Fund

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    Military helicopter - Photo by Dominik Gryzbon on Pexels

    EU disburses €2.86 bn to Ukraine for drones, missiles and urgent battlefield needs

    Kaja Kallas - Photo © European Union 2026

    EU imposes largest ever set of sanctions listings against Russia

    Blaze interceptor drone - Photo Gints Ivuskans © European Union 2026

    Final green light for EU’s ‘AGILE’ programme for rapid defence innovation

    Stéphane Séjourné - Photo © European Union 2026

    Brussels selects 46 new projects to bolster EU supply of critical raw materials

    Defence - Photo NATO

    Final green light to laws boosting EU defence industry

    Interceptor drone - Image by Gints Ivuskans © European Union 2025

    EUR 130m boost for EU states’ drone and counter-drone capabilities

    LATEST EU NEWS
    New European Bauhaus - La Marjal Floodable Urban Park. Alicante

    EU awards 2026 New European Bauhaus prizes for sustainable and inclusive projects

    16 October 2026
    European Central Bank governing council meeting - Photo © European Central Bank 2026

    ECB faces tough decision in October as equities begin to wilt under high interest rates

    15 October 2026
    E-waste - Image by Thomas from Pixabay

    12.3 kg of e-waste per person collected in EU

    14 October 2026
    Military helicopter - Photo by Dominik Gryzbon on Pexels

    EU disburses €2.86 bn to Ukraine for drones, missiles and urgent battlefield needs

    14 October 2026
    AI artificial intelligence chatbot - Image by Tim Witzdam from Pexels

    42 per cent of smaller European companies use AI

    14 October 2026

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness, 117 High Street, Chesham Buckinghamshire, HP5 1DE, United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Cookie Policy
    • Terms
    • Disclaimer

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2026

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?