EU countries collaborate on missile defense and military technology development

European countries have agreed to collaborate on developing missile defense, electronic warfare, and other military technologies. This initiative aims to enhance defense cooperation amid rising security concerns following Russia's invasion of Ukraine. Eighteen nations, including Germany, France, and Italy, will work on air defense systems. Seventeen countries will focus on loitering munitions, while fourteen will develop electronic warfare capabilities. Seven nations are set to collaborate on a European Combat Vessel. The European Defence Agency announced these plans, emphasizing the need for joint efforts to improve efficiency and reduce fragmentation in defense spending. The financial details and specific companies involved have not been disclosed.