EU defence financing
EU-level defence money: the €150bn SAFE loan instrument, European Defence Fund grants and EIB security and defence lending, with national allocations where they are public.
Randeep Bubbra | Lawyer | Making defence financeable
8Financings on file
US$5.5bnFunded volume (US$ eq.)
0Investments and M&A
US$1.3bnLargest financing
Largest financing
European Defence Fund 2021 call results, 20 Jul 2022.
By type
| Type | Financings | Funded (US$) |
|---|---|---|
| Government finance | 8 | US$5.5bn |
Financings
| Date | Financing | Type | Amount |
|---|---|---|---|
| 15 Apr 2026 | European Defence Fund 2025 call results | Government finance | €1.07bn |
| 26 Jan 2026 | SAFE second wave: plans approved for 8 member states incl. Poland and Italy | Government finance | €74bn |
| 15 Jan 2026 | SAFE first wave: national defence investment plans approved for 8 member states | Government finance | €38bn |
| 9 Sep 2025 | SAFE (Security Action for Europe) €150bn loan instrument: allocation adopted | Government finance | €150bn |
| 30 Apr 2025 | European Defence Fund 2024 call results | Government finance | €910m |
| 16 May 2024 | European Defence Fund 2023 call results | Government finance | €1.03bn |
| 26 Jun 2023 | European Defence Fund 2022 call results | Government finance | €832m |
| 20 Jul 2022 | European Defence Fund 2021 call results | Government finance | €1.2bn |
Totals are US$ equivalents of funded deals at approximate annual average rates; programme-level and conditional commitments are listed but left out. Records come from public, primary sources. How the register is built.