The European Commission has announced funding for the first eight projects under the Industrial Reinforcement Action (IRA) pillar of the European Defence Industry Programme (EDIP). A total of €168.2 million has been allocated for their implementation. The EU expects that these public funds will help mobilise larger-scale private industrial investments...
European Commission allocates €325 million to five pan-European defence projects
The European Commission has allocated €325 million to launch and implement five European Defence Projects of Common Interest (EDPCI). The funding comes from the €1.5 billion European Defence Industry Programme (EDIP). On 28 September 2026, EU member states approved the initiatives, making them eligible for EU budget support. The projects...
EU countries approve first five major joint defence projects
Representatives of EU member states on Wednesday, 16 September, approved at the level of permanent representatives the first five European Defence Projects of Common Interest (EDPCI). Each of them is set to receive €60 million in funding from the European Defence Industry Programme (EDIP). Formal adoption of the list is...