Posts Tagged ‘Defence Funding’
The European Investment Bank (EIB) signed a Cooperative Financial Mechanism (CFM) to improve defence project funding. The EIB has signed a new CFM to improve defence project funding and facilitate collaborative research and development. The signing took place during a meeting with Jorge Domecq and ten member states including France, Portugal, ...
The MOD is developing laser technology that is powered purely by electricity and does not require ammunition. Direct Energy Weapons (DEW) use laser technology that can utilise power from a vehicle’s engine or generator. This reduces running costs and increases flexibility. The weapons use high energy light beams to destroy enemy drones ...
European lawmakers fails to secure future for European Defence Fund
February 14, 2019After a nine-hour discussion lawmakers have failed to secure an agreement on the future of the European Defence Fund. Discussions surrounding the European Defence Fund (EDF) have revealed the extent of disagreements between Ministers and MEPs. Tension arose over the overall goal of the fund and what outcome it would have ...
New US defence secretary, James Mattis delivers ultimatum to NATO allies over military spending pledges. Donald Trump’s new defence secretary, James Mattis, has warned NATO that they will no longer “carry a disproportionate share of defence western values.” The ultimatum came during a closed session at NATO headquarters in Brussels on his ...
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