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EU Nations Boost Arms Production, Sending Drones to Ukraine

Yahoo Finance •
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Even smaller European Union nations are ramping up arms production, driven by the war in Ukraine and a desire for greater defense independence. Cyprus, with a population just over a million, is now a key player, producing drones for Ukraine and other countries. Swarmly, a Cypriot manufacturer, has seen its drones accumulate over 100,000 flight hours.

The conflict has spurred innovation, with countries like Denmark and the Baltic states developing their own drone and counter-drone technologies. Greece is investing €25 billion in its armed forces, including drones. UAVs are becoming crucial force multipliers, offering cost-effective solutions for neutralizing military assets.

Cyprus is set to receive €1.2 billion in EU loans to support its defense industry, which includes around 30 companies. They are focused on robotics, communications, and anti-drone systems. This investment is part of the EU's broader effort to bolster its defense capabilities, with NATO urging faster progress.

As the EU pushes for self-reliance in defense, expect to see more investment in homegrown military technology. The focus will be on UAVs and other cutting-edge systems. However, experts caution the success of these technologies depends on factors like operator training and logistical support. The next step is to see how these advancements translate into battlefield effectiveness.