European Commission unveils a 1.5 billion euro strategy to strengthen its defense industry

 According to the press release dated March 5, 2024, the European Commission has made a decisive turn in strengthening the Union's defense industry with the unveiling of its new defense industrial strategy. Orchestrated by Commissioner Thierry Breton, this initiative aims to fill the Union's gaps in defense capabilities, an urgency highlighted by the current difficulties in providing adequate military support to Ukraine. Read full Defense news. 

SCAF Next-Generation Weapon System (NGWS) Featuring Eurofighter and Unmanned Aerial Platforms (Picture source: Airbus)

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