David McAllister MEP: On the European Defence Industrial Strategy
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David McAllister MEP: On the European Defence Industrial Strategy

The EU must prepare for fast-emerging challenges by substantially enhancing its resilience. The Strategic Compass states as much. We must reduce our dependencies on third-country value-chains and critical technologies – only this way will the EU be able to move towards greater technological autonomy and to strengthen the resilience of our defence industry supply chains.

The Common Procurement Act (EDIRPA) and the Act in Support of Ammunition Production (ASAP) can only be the first steps towards improving the EU’s defence and industrial base’s supply of necessary defence equipment to member states.

I welcome today’s publication of the new European Defence Industrial Strategy (EDIS) as well as the proposal for a new regulation for a European Defence Investment Programme (EDIP). We need to ensure adequate funding that aims to encourage innovation, boosts production and ensures smarter and more efficient public investment.