The European Union has launched four collaborative defence projects focused on air defence, electronic warfare, loitering munitions, and next-generation combat ships, aiming to address critical military capability gaps among member states.
The European Defence Agency (EDA) reported that EU Member States' defense expenditure will reach €326 billion, or 1.9% of EU GDP, in 2024—an increase of over 30% since 2021. Despite higher spending, the 2024 Coordinated Annual Review on Defence (CARD) highlights that national efforts alone cannot adequately prepare for high-intensity warfare, emphasizing the need for greater EU cooperation to align with NATO, address fragmentation, and bolster security.
The report urges investments in land, air, and maritime assets, replenishing stockpiles, modernizing defense systems, and enhancing interoperability. Strategic enablers like cyber defense, command-and-control systems, and satellite communications are also priorities. To strengthen the European Defence Technological and Industrial Base (EDTIB), Member States must reduce external reliance, build secure EU supply chains, and increase collaboration.
Four collaborative opportunities identified by CARD were reinforced with signed letters of intent from Member States, marking progress in joint defense projects: