The European Union’s state-owned development bank and the organization’s defense agency on Thursday updated an agreement to bolster the region’s defense industry. With the new memorandum of ...

EU defense expenditure was projected to have reached €326 billion, or $361 billion, in 2024 (1.9% of GDP), a 30% increase since 2021. Almost a third (31%) now flows to defense investments ...

BRUSSELS, June 18 (Reuters) - European Union governments have reached an agreement on a 1.5 billion-euro ($1.73 billion) EU ...

Spending hit 240 billion euros last year, itself a record and an overall increase of 6% over 2021, as the EU's 27 member states ratcheted up their purchases of new hardware. The European Defense ...

The European Union’s strategic autonomy in defense is on everybody’s lips since it was put forward as a long-term goal in the EU’s 2016 Global Strategy. Yet, it remains unclear what it means ...

European Union states should buy arms jointly to replenish stocks after supplying Ukraine, said the bloc's defence agency, warning the United States may not always be able to shield Europe from ...

At the European Defense Agency’s annual conference in November 2023, President of the European Commission Ursula von der Leyen warned member states from buying too much equipment from abroad and ...

In the EU-U.S. 2021 Summit Statement, leaders committed to work towards an administrative arrangement for the United States with the European Defence Agency. On 16 November 2021, the EDA Steering ...