EU allocates $188.2M to boost defense production of munitions and propulsion

The EU has committed $188.2 million to a new program aimed at increasing annual production of energetic materials, propulsion systems, warheads, and ammunition. This follows prior EU efforts to ramp up defense industrial capacity amid ongoing geopolitical tensions. The funding signals continued EU focus on reducing defense supply-chain dependencies, though the scale is modest relative to overall EU defense budgets.