The regulation on joint military procurement of one billion euros, on the table of the European Parliament

* In joint procurement, the participation of European SMEs as contractors or subcontractors, the diversification of the supply chain and the creation of new supply chains will constitute eligibility criteria for the allocation of allocated funds.
The European deputies are to adopt today the Regulation on the consolidation of the European defense industry through joint procurement, a document that was debated yesterday in the European Parliament, the new financial instrument benefiting from a budget of one billion euros until December 31, 2024, an amount that will be used for joint acquisitions in the field of defense and for the consolidation of defense industrial capacities in the European Union.

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