Trusted News Discovery Since 2008
{{/content}}
EU Commission gives 500 million euros to firms to boost ammunition production capacity
Credit: IndiaTimes- Published on March 15, 2024
European Commission grants 500 million euros for ammunition production under ASAP scheme to support Ukraine and EU. Companies like Rheinmetall, Nammo, Chemring Nobel, Hellenic Defence Systems, Eurenco involved, with a target of 2 million shells by 2025.