Defence Finance Monitor

Defence Finance Monitor

Strategic Allocations in the 2026 European Defence Fund: An Industrial Analysis

An overview of the EDF 2026 Work Programme, detailing the strategic distribution of the €1 billion budget and its implications for the European defense industrial base.

Jan 10, 2026
∙ Paid
Defending Europe with less America – European Council on Foreign Relations

On December 17, 2025, the European Commission formally adopted the European Defence Fund (EDF) Work Programme for 2026, marking the sixth annual cycle of this cornerstone initiative designed to bolster the European Union’s strategic autonomy. With a total budget of approximately €1 billion, the programme is engineered to incentivize cross-border collabo…

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