A clear view on legal issues
On the 7th of June 2017, the European Commission launched a European Defense Fund to support Member States in coordinating and preventing duplication in their R&D and acquisition expenses in the defense sector.
The Fund will be used to co-finance development and procurement of defense equipment and technology, when performed in collaboration between at least 3 participants from different Member States. €500 million have been earmarked for co-financing such projects between 2019-2020.
Source: European Commission