European Defence Agency (EDA) is entering its third decade with an expanded mandate and increased funding following a major Long-Term Review endorsed by EU defense ministers. Now overseeing around 200 projects worth €681 million, the EDA plays a key role in joint procurement efforts, including artillery supplies for Ukraine. Recent milestones include four major letters of intent, notably on building a continental air and missile defense system. EDA chief Jiří Šedivý highlighted joint purchasing as a path to savings and strategic autonomy. However, EU defense research investment still trails far behind U.S. and Chinese levels.
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