Sunday , November 24 2024

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EU fund makes first 1.2B euro defense investments

EU fund makes first 1.2B euro defense investments

The European Commission announced Monday the first 1.2 billion euros ($1.25 billion) in investments from the European Defense Fund to work on a variety of projects including next-generation fighter planes. The fund, created in 2019, boasts a budget of 7.9 billion euros for the 2021-2027 period, and is meant to …

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EU fund makes first 1.2-bln euro defense investments

EU fund makes first 1.2-bln euro defense investments

The European Commission announced Monday the first 1.2 billion euros ($1.25 billion) in investments from the European Defense Fund to work on a variety of projects including next-generation fighter planes. The fund, created in 2019, boasts a budget of 7.9 billion euros for the 2021-2027 period, and is meant to …

Read More »