Latvian companies get EU funding for defense projects
Latvia is receiving support from the European Union to improve its defense. Three new projects have been approved, and air defense systems are being purchased. Companies can apply for funding to strengthen Latvia’s armed forces.
The Latvian Ministry of Defence is using money from the European Union to build up its defense. The Ministry approved three projects under the European Defence Fund, which will receive funding from the European Commission and Norwegian companies. These projects focus on cross-border innovation. The government also bought air defense systems, including drones and missiles, through the European Security Action Fund. This helps Latvia’s National Armed Forces. Companies can apply for funding through the European Defence Industry Programme to support defense projects.
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Highlights
Latvian Projects Funded
Three Latvian projects will receive 4 million euros from the European Commission and Norwegian companies.
Air Defence Purchase Approved
The Latvian government approved buying air defense systems with EU funds.
SAFE Funding Utilized
The purchase uses funds from the European Security Action Fund (SAFE).
Unmanned Systems Included
The air defense systems include unmanned aerial vehicles and missiles.
Businesses Urged to Apply
The Ministry of Defence encourages companies to apply for EU defense funding.