63% EU defense equipment sourced from US, 15% from non-EU suppliers, report by ex-Italian PM Draghi.
A report by former Italian Prime Minister Mario Draghi reveals that the European Union (EU) relies heavily on foreign defense equipment, with 63% sourced from the U.S. and 15% from non-EU suppliers. It criticizes the lack of investment in joint military projects and inadequate use of research and development for modernization. The findings highlight the need for a unified approach to defense procurement to strengthen the EU's defense industry and improve self-sufficiency, especially in supporting Ukraine.
September 09, 2024
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