The European Union is facing new security threats amid growing uncertainty about the reliability of some of its allies. As a consequence it has embarked on a general scale-up of its defence capabilities. A European defence action plan has been agreed and a European Defence Fund created to provide financial support, ranging from the research phase to the acquisition phase of military equipment and technologies. The present legislative proposal for EDIDP, which would be part of that fund, is destined to provide the European defence industry with financial support during the development phase of new products and technologies in areas selected at European level. Parliament's Committee on Industry, Research and Energy (ITRE) decided to open trilogue negotiations; these have been ongoing since 15 March 2018.
Source: © European Union - EP
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