First-ever EU defence industry fund to finance joint development of capabilities

Defence 2018

© European Union , / Source: EC – Audiovisual Service / Photo: Thomas Padilla

This article is brought to you in association with the European Parliament.
For the first time, MEPs endorsed the setting up of a programme devoted to boosting innovation in European defence industry including cyber security on Tuesday.

With a €500 million budget for 2019-2020, the new European Defence Industrial Development Programme (EDIDP) will help fund the development of new and upgraded products and technologies to make the EU more independent, make budget spending more efficient and stimulate innovation in defence.

Who can apply?

The EU will co-fund projects implemented by consortia of at least three public or private companies established in at least three different EU member states.

To win contracts, project backers will need to prove that they contribute to excellence, innovation and competitiveness. Projects specifically dedicated to SMEs and Mid-Caps (firms with up to  3,000 employees) will be eligible for  higher co-financing rates, as well as actions within the PESCO framework.

What can be funded?

The European Defence Industrial Development Programme will fund the development phase (between research and production) of new and upgraded defence products and technologies in the EU, from studies, through design, testing and up to certification and development phases in areas such as:

  • remotely piloted systems,
  • satellite communications,
  • autonomous access to space and permanent earth observation,
  • energy sustainability,
  • cyber and maritime security,
  • high-end military air, land and sea capabilities, and
  • joint domain systems, including strategic enablers.

Fostering “strategic autonomy” in defence

The programme can be seen as the pilot of the next European Defence Fund, which, with a proposed budget of €13 billion over 7 years, aims to make the EU more independent in the area of defence through cooperation, whilst promoting more efficient use of taxpayers money.

Quote

Rapporteur Françoise Grossetête (EPP, FR) said: “This programme is an historic step forward for European defence industrial projects and responds  to three challenges: budgetary efficiency, competitiveness and strategic autonomy. We have achieved in one year of negotiations a promising regulation to improve the innovation capacity of the EU.”

Next steps 

The informal deal between Parliament and Council was backed by the full House by 478 votes to 179, with 23 abstentions.  Once the Council has given its green light, the regulation will enter into force upon publication in the EU Official Journal. The  first capability projects are expected to be financed in 2019.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

‘Business as usual’ will not achieve global education goals

ECB to support only banks not Peoples

COP21 Breaking News_12 December: The New Draft Agreement!

French Prime Minister passes Stability Program and takes his ‘café’ in Brussels this June

Stress, overtime, disease, contribute to 2.8 million workers’ deaths per year, reports UN labour agency

Chinese Premier Li Keqiang’s speech from World Economic Forum’s Annual Meeting of New Champions

Should we be worried about third-hand smoke?

Online radio and news broadcasts: Parliament and Council reach deal

Uncovered liabilities of €5 billion may render EU insolvent

Nicaragua must end ‘witch-hunt’ against dissenting voices – UN human rights experts

Reintegrating former rebels into civilian life a ‘serious concern’ in Colombia: UN Mission chief

2019 Innovation Scoreboards: The innovation performance of the EU and its regions is increasing

Solitary Britain sides with US aggressing Russia and chooses hard Brexit

Yellen and Draghi tell Trump and markets not to expedite the next crisis

ECB: Growth measures even before the German elections

Is Germany yielding to pressures for more relaxed economic policies?

Google and Apple suddenly realise that doing business in EU is tough?

Neither side stands to benefit in US-China trade spat, UN says

Can green bonds help us manage climate risk?

6 things to know about press freedom around the world

4 essential qualities for digital leaders

UN highlights profound implication of population trends on sustainable development

Nigeria: Top UN officials say more support needed to ease humanitarian crisis and rebuild lives in conflict-ravaged north-east

EU finally agreed to cut roaming charges in 2017 but criticism is always there

Checks, fines, crisis reserve: MEPs vote on EU farm policy reform

Wednesday’s Daily Brief: Diplomacy for Peace Day, #VaccinesWork, the cost of war on Afghans, tech and well-being

EU Council approves visa-free travel for Ukraine and cement ties with Kiev

Commission threatens Chinese firms with trade penalties

A Sting Exclusive: “eHealth can change many dimensions of how the healthcare area functions”, Polish MEP Michal Boni underscores from Brussels

Africa-Europe Alliance: European Commission committed to a sustainable African agri-food sector

The Fourth Industrial Revolution can close the digital divide. This is how

Polish PM chooses to focus on economy, amid questions on rule of law in Poland

Jellyfish are taking over the world – and climate change could be to blame

UN Chief ‘strongly rejects’ Guatemala decision to expel anti-corruption body

Time to measure up: 5 ways the fashion industry can be made more sustainable

Now is the time to seize ‘unprecedented opportunity’ of the Sustainable Development Forum, says ECOSOC President

ECB’s billions fortify south Eurozone except Greece; everybody rushes to invest in euro area bonds zeroing their yields

New UN Syria envoy pledges to work ‘impartially and diligently’ towards peace

Impact of high debt levels on least developed countries ‘cannot be overstated’, says UN

Humanitarian visas would reduce refugees’ death toll

How a more integrated approach could help to end energy poverty

More needs to be done to bridge the digital gender divide

How Finland is fighting fake news – in the classroom

These countries have some of the highest voter turnout in the world

EUREKA @ European Business Summit 2014: A European patent system can help European businesses lead industrial research and innovation on a global scale

Human trafficking cases hit a 13-year record high, new UN report shows

European Youth, quo vadis?

Food supply chain: A step closer to ending unfair trading

Good grub: why we might be eating insects soon

In dreams and in love there are no impossibilities

Why the ECB had to clarify it caters for the entire Eurozone not just Germany?

Moscow’s Eurasian Union lost significance after the crisis in Ukraine

Yemen war: UN chief urges good faith as ‘milestone’ talks get underway in Sweden

Why and how did ISIS and Muslim fundamentalism gain momentum this year?

A new era of computing is coming. How can we make sure it is sustainable?

How the world’s best teacher is changing lives in Africa

Human rights: breaches in Iran, Saudi Arabia and Sudan

EU to Google: How to dismantle European search engines in 13 steps

New UN bullying report calls for ‘safe, inclusive’ schools for all children

Guterres censures terrorist attacks in Nigeria, pledges UN ‘solidarity’

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s