Politico: Brussels unveils plan to boost EU defense industry
Contentiously, the framework would allow tapping new sources of EU money.
BRUSSELS — European Commission industry chief Thierry Breton has urged European defense companies to get into “war economy mode” as he unveiled a new plan to boost weapons manufacturing across the EU.
The Act in Support of Ammunition Production (ASAP) agreed Wednesday by the European Commission will pump some €500 million from the EU budget into European shell factories to boost weapons manufacturing — matched with co-financing of around €500 million from member countries and other sources.
The aim is to produce 1 million rounds of ammunition within one year.
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Brussels Unveils Plan To Boost EU Defense Industry
EU wants to ramp up ammunition production to help Ukraine -- AP
EU envoys seal deal on joint ammunition buying for Ukraine -- Reuters
EU pledges over $1 billion to refresh its arms factories for Ukraine -- Defense News
9 comments:
From the news cast.
the key part of this news cast statement......
it is a proposal and "part of a plan"
That means it has not even started.
That means it will not have any effect on ammunition supplies for over one year
They need to produce soviet style of ammo. This means the industries involved will have to re-tool.
Froggies are throwing wrenches into the whole system by saying no ammo from the US, making the whole plan slower.
In the mean time, ukies will suck pond water.
Russia is drowning in that water
All because of useless war, whoever major players of the war must stop it
U.S. State Department
{Eurasia Is Our Enemy}
Russia must stop useless war
Safety is not useless. It is for Russia's safety
12:26 good logic Russia is more safe @ war
No Faz your logic is predicatbly flawed.
12:28 Russia mist stop useless war and it is not safety.
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