cover image: The Defence Industry: What Challenges for the New European Parliament?

The Defence Industry: What Challenges for the New European Parliament?

31 Oct 2024

A range of initiatives—such as the European Defence Industry Reinforcement through Common Procurement Act (EDIRPA), the Act in Support of Ammunition Production (ASAP), the European Defence Industrial Programme (EDIP), the European Peace Facility (EPF), and the European Defence Industrial Strategy (EDIS)—have already been established or are under consideration to support the European defence sector. [...] The first panel, titled “EDIS, EDIP and beyond: What strategic choices for the next five years?”, examined the strategic decisions that lie ahead while the second panel, “Ensuring sustainable funding for the European defence industry: Money as a key factor?”, explored the type of defence effort Europe envisions and the potential impact of increased EU funding on the defence sector. [...] Implementing EDIP: A Challenge for the European Parliament One of the key challenges outlined by another panellist involved the significant political decisions that the European Parliament and the European Council will need to confront over the next five years, in particular concerning EDIP. [...] The discussion on EU defence funding raised the question of whether to increase national defence budgets or EU-wide funding, highlighting the political nature of the issue and the need for a holistic approach. [...] 9 CONCLUSION To conclude, the seminar hosted by ARES Group highlighted the challenges and strategic priorities for the European defence industry considering the European Parliament’s election and in the context of the war in Ukraine.

Authors

IRIS - ARES Group

Pages
13
Published in
France

Table of Contents