EU Commission proposes five major cross-border defence projects
- Posted on July 3, 2026
- By Business News Today
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- 1 min read
EU Commission proposes five major cross-border defence projects
The European Commission has put forward five significant cross-border defence initiatives, paving the way for EU funding. These projects, including a drone and counter-drone effort involving 26 nations, aim to enhance innovation and the European defence industry. Other key areas include maritime, air and missile defence, and space-based defence. A €325 million budget is allocated, with potential for more, to boost competitiveness and reduce market fragmentation.