EU allocates 500 mln euros for ammunition production
Release time:2024-05-21 09:23:00
BRUSSELS, March 15 (Xinhua) -- The European Commission on Friday announced the allocation of 500 mil 。
BRUSSELS, March 15 (Xinhua) -- The European Commission on Friday announced the allocation of 500 million euros (about 544 million U.S. dollars) to boost ammunition production as part of its support for the European defense industry. In a statement, the commission said this would allow the European defense industry to increase its ammunition production to two million shells a year by the end of 2025. Its annual production capacity for 155 mm shells reached 1 million per year in January. To assist the European industry in increasing its ammunition production and readiness, the commission said it selected 31 projects in five areas: explosives, powder, shells, missiles and testing and reconditioning certification. Also on Friday, the commission launched the work program for the instrument to reinforce the European defense industry through common procurement and the fourth annual work program of the European Defence Fund. These programs, aimed at reinforcing the European defense technological and industrial base, have a total budget of almost 2 billion euros. (1 euro = 1.09 U.S. dollar)
(Editor:Fu Bo)
Related articles
Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
ST. PAUL, Minn. (AP) — A plan to boost pay for Uber and Lyft drivers in Minnesota that lawmakers bel2024-05-21Tourism Booms Across China As 5
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Communist Youth League of China Membership Reaches 73.58 Mln
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Students Seek Stability in Jobs, Not Flexibility
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21Four people killed in a house explosion in southwestern Missouri
GOODHOPE, Mo. (AP) — Four people in rural Missouri died when an explosion that could be heard 10 mil2024-05-21Chinese Courts Empowered to Better Support Family Education, Protect Minors
Contact Us HomeNewsHighlightACWF NewsSocietyWom2024-05-21
atest comment