Overview
- The European Union has unveiled its 'Readiness 2030' strategy, including €150 billion in loans under the SAFE program and a broader €800 billion mobilization plan for defense spending.
- A 'Buy European' policy requires at least 65% of defense procurement costs to be spent within the EU, Norway, or Ukraine, sparking debates among member states.
- The strategy prioritizes addressing capability gaps in missile defense, drones, cyber warfare, and military mobility, while fostering joint procurement and industrial integration.
- Concerns about reduced U.S. security guarantees under President Trump and ongoing Russian aggression are driving the EU's push for defense autonomy.
- The EU is negotiating a potential defense partnership with the UK, which could allow British defense firms to participate in EU-funded projects.