Greek businesses gaining access to the European Defense Value Chain

Greek companies successful the defence assemblage are being called upon to prehend the concern accidental presented by a bid of backing actions and programmes being rolled retired astatine some European and nationalist level, arsenic highlighted astatine an informational lawsuit titled “National & European Funding Opportunities successful the Defence Sector,” organized by the Hellenic Manufacturers of Defence Material Association, with the support of Piraeus Bank and PwC.

Defence value chain

Mechanisms such arsenic the European Defence Fund (EDF), the associated procurement initiatives EDIRPA (European Defence Industry Reinforcement done Common Procurement Act), ASAP (Act successful Support of Ammunition Production), Military Mobility, the accrued engagement of the European Investment Bank, and the ReArm Europe inaugural are shaping a new, much coherent concern ecosystem for the defence sector. In addition, available backing instruments—including EDIP (European Defence Industry Programme), ECF (European Competitiveness Fund) and MFF (Multiannual Financial Framework)—with a absorption connected the opportunities created for the information of Greek manufacture successful caller European schemes, combined with caller home fiscal tools, are fostering a favorable concern climate.

As emphasized by the President of SEKPY, Anastasios Rozolis, “the European defence marketplace is entering a play of profound restructuring, with expanding investment, reindustrialization of the accumulation base, and caller backing instruments that present screen the full value chain, from probe and improvement to accumulation and associated procurement.” He underlined that the Greek defence manufacture present has the tools to strengthen its information successful European value chains, grow its accumulation capacity, and germinate into a substantive pillar of Europe’s defence strategy by 2030.

The backing opportunities presented show that the defence manufacture has strong maturation imaginable successful the coming years. Rising European involvement successful concern successful defence, information and dual-use technologies is creating a marketplace with depth, longevity and predictability. Mobilizing companies successful the assemblage is considered captious to leveraging available resources, peculiarly astatine a clip when geopolitical developments and technological requirements are shaping caller prospects for the home accumulation base. A cardinal prerequisite, however, is strategic preparation, partnerships and progressive information successful planetary collaborative frameworks.