The EU's €13 billion budget for security and defence is deemed insufficient by industry leaders, who advocate for a €150 billion allocation in the next budget cycle starting in 2028. The Aerospace, Security and Defence Industries Association of Europe (ASD) emphasizes the need for increased investment to address military threats, particularly with the US focusing on the Indo-Pacific and potential Russian aggression. The upcoming budget may include a new European Competitiveness Fund to enhance defence and security capabilities, alongside calls for additional funding for space and civil aviation projects. Teljes cikk (Euronews.com)