The European Commission announced an allocation of 2 billion euros to strengthen the EU defense industry. Among them, 500 million euros have been allocated under the Ammunition Production Support Act (ASAP), which will increase the European defense industry's ammunition production capacity to 2 million shells per year by the end of 2025. The European Commission has also launched the “Work Plan to Strengthen the European Defense Industry through Joint Procurement” (EDIRPA) and the European Defense Fund (EDF) fourth annual work plan.
欧盟委员会拨款20亿欧元用于加强欧盟国防工业
The European Commission allocates 2 billion euros to strengthen the EU defense industry
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.