The Act in Support of Ammunition Production (ASAP)
Summary
Budget
Official information source
https://defence-industry-space.ec.europa.eu/eu-defence-industry/asap-boostin...Description
ASAP | Boosting Defence Production
The Act in Support of Ammunition Production (ASAP) at a glance
ASAP aims to ramp-up of ammunition production capacity across Europe and with this, help Member States refill their stocks and deliver ammunition to Ukraine by anticipating bottlenecks and shortages in the defence supply chains.
The programme has currently identified projects with a budget in excess of €500 million to stimulate the production of ammunition in the following areas:
- Explosives with a project portfolio budget of about €124 million;
- Powder with a project portfolio budget of about €248 million;
- Shells with a project portfolio budget of about €90 million;
- Missiles with a project portfolio budget of about €50 million;
- Testing and reconditioning certification of about €2 million.
ASAP in detail
ASAP is a direct response to the European Council’s call in March 2023 to urgently deliver ammunition, and missiles if requested, to Ukraine and to help Member States refill their stocks by introducing targeted measures.
Aimed at enabling ramp-up of ammunition production capacity across Europe, ASAP constitutes the track 3 (industrial part) of the so-called three-track approach of the ammunition plan agreed by the Council.
This Regulation aims at strengthening the responsiveness and ability of the Union defence industry to ensure the timely supply of ammunition and missiles in Europe.
Providing financial support to produce more and faster
The regulation includes measures to support the industrial reinforcement throughout the supply chains of ammunition and missiles in the EU. Financial support will be provided in the form of grants to various types of actions contributing to the efforts of the European defence industry to increase their production capacities and tackle identified bottlenecks.
What's new?
The European Commission has completed the evaluation and selected 31 potential projects with a total funding of €500 million under the Act in Support of Ammunition Production (ASAP) to assist European industry in increasing its ammunition production and readiness.
The selected projects cover five areas: explosives, powder, shells, missiles; and testing and reconditioning certification.
While grant agreements with the selected applicants are expected to be signed in May 2024 you can find the results on the link below.
