500 million from the EU for more ammunition, Italy is also there - Last hour

2024-03-15T11:47:25.279Z

Highlights: 500 million from the EU for more ammunition, Italy is also there. The Commission has selected 31 projects to help European industry increase the production and readiness of ammunition. Italy is present with the companies Simmel Difesa and Bachieri&Pellagri in the context of the increase in powder production. The EU has allocated the 500 million euros foreseen by the law to support the production of ammunition (ASAP), which will allow the European defense industry to increase its ammunition production capacity up to 2 million...

Today the European Commission has allocated the 500 million euros foreseen by the law to support the production of ammunition (ASAP), which will allow the European defense industry to increase its ammunition production capacity up to 2 million... (ANSA )