€500 million and new measures to urgently boost EU defence industry capacities in ammunition production

Today, the Commission has adopted the Act in Support of Ammunition Production (ASAP) as a response to track 3 of the plan agreed by the Council on 20 March, to urgently deliver ammunition and missiles to Ukraine and to help Member States refill their stocks. By introducing targeted measures including financing, the Act aims at ramping up the EU's production capacity and addressing the current shortage of ammunition and missiles as well as their components. It will support the destocking from Member States (track 1) and the joint procurement for ammunition (track 2).