The latest ranking from the Stockholm International Peace Research Institute (Sipri) shows the Ukraine war looms large over how the arms market has evolved.
European Commission President Ursula von der Leyen said in Brussels on March 4 that the proposed loans were part of a new initiative called ReArm Europe.
Analysts’ estimates of the exact amount of investment vary given that there is not a universal definition for what constitutes a defense technology startup.
The alliance’s Allied Command Transformation has asked industry and academia for ideas to counter glide bombs as part of one of its innovation challenges.