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First EU defence industry fund to finance joint projects in sector
€500 million for field initiatives in 2019-2020
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 m...
AVIONEWS - World Aeronautical Press Agency