The European Defence Fund (EDF) was officially launched in 2017 by the European Commission. Its objective is to strengthen the EU’s strategic autonomy and boost Europe’s defence capabilities. From 2021 onwards the EDF, worth more than 7.9 B€, will foster an innovative and competitive defence industrial base, offering growth opportunities for companies operating in the sector.
European Defence Fund
In 2017, the European Commission officially launched the European Defence Fund to boost Europe’s defence capabilities. From 2021 onwards, the new European Defence Fund (EDF), worth 13 B€, will foster an innovative and competitive defence industrial base and contribute to the EU's strategic autonomy. Two pilot programmes, the European defence industrial development programme (EDIDP) and the Preparatory Action on Defence Research (PADR) precede the EDF. EDIDP is an industrial programme of the EU aiming to support the competitiveness and innovation capacity of the union’s defence industry, whereas PADR funds research projects.