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Act in Support of Ammunition Production
From Wikipedia, the free encyclopedia
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The Act in Support of Ammunition Production was written as a piece of legislation of the European Parliament.[1][2] The first tranche of €500 million[3] was disbursed by March 2024.[4]
History
The von der Leyen Commission felt as early as May 2023 that such an act was needed,[3] and in late May it was discussed by the Parliament.[5] The legislation passed with a vote 446 yeas and 67 nays on 1 June 2023.[6]
On 18 October 2023, the first call for proposals was launched. It covered "explosives, powder, shells, missiles, and testing and re-conditioning of older ammunition such as Soviet-era dated ammunition."[7]
The first tranche of €500 million was finalized by 15 March 2024.[4][8] Grants were approved for 31 projects in 15 member countries.[8][9]
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References
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