EU allocates 300 mln euros for defense procurement projects among member states


  • World
  • Friday, 15 Nov 2024

BRUSSELS, Nov. 14 (Xinhua) -- The European Commission on Thursday announced funding for five cross-border defense procurement projects, aiming to streamline cooperation among European Union (EU) member states.

The Commission said in a statement these projects, supported by the European Defense Industry Reinforcement through Common Procurement (EDIRPA), will each receive 60 million euros (63.6 million U.S. dollars), totaling 300 million euros in funding.

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