Benchmark
Government money
SAFE (Security Action for Europe)European Defence FundEuropean Investment BankOther public lenders
US$ equivalents at approximate annual average rates. Government defence money map →
04 / Financing terms · selected comparisons
Government money.
The public lenders, export credit and EU programmes now behind the sector, deal by deal.
Randeep Bubbra | Lawyer | Making defence financeable
US$80m–US$169.5bnper financing, US$7 findings · data to 27 Oct 2026
- 01
30 government and export credit financings on file, from US$80m–US$169.5bn. The scale is logarithmic: each gridline is ten times the last.
- 02
SAFE (Security Action for Europe): 6 on file, from US$2.4bn–US$169.5bn, latest 29 May 2026.
- 03
European Defence Fund: 5 on file, from US$899m–US$1.3bn, latest 15 Apr 2026.
- 04
European Investment Bank: 3 on file, from US$121m–US$339m, latest 2025.
- 05
19 are programme-level or conditional commitments, counted but not added to funded totals.
- 06
The largest is SAFE (Security Action for Europe) €150bn loan instrument: allocation adopted at US$169.5bn.
- 07
The most recent is Office of Strategic Capital conditional loan: PsiQuantum (US$150m), 8 Oct 2026, at US$150m.
Selected observations from the register, not a market census, investment recommendation or legal advice. Working on a deal like these? Book 20 minutes with Randeep to see how your terms compare.