European Defense Fund allocates $1.3 Billion for laser weapons and 52 defense initiatives
The European Defence Fund (EDF) has announced a significant investment of €1.03 billion ($1.3 billion) in 54 multinational research and development military projects. This…
The European Defence Fund (EDF) has announced a significant investment of €1.03 billion ($1.3 billion) in 54 multinational research and development military projects. This substantial funding aims to enhance Europe’s defense capabilities across various domains, including air, ground, and naval combat. Among the notable initiatives are the development of advanced laser weapons, new main battle tanks, and innovative airlift capabilities. This article delves into the key projects and their potential impact on European defense. Comprehensive defense investment The new funding, unveiled by the European Commission (EC) on Thursday, is a result of a 2023 call for proposals. It marks…