Greek businesses gaining access to the European Defense Value Chain

Greek companies in the defence sector are being called upon to seize the investment opportunity presented by a series of funding actions and programmes being rolled out at both European and national level, as highlighted at an informational event titled “National & European Funding Opportunities in the Defence Sector,” organized by the Hellenic Manufacturers of Defence Material Association, with the support of Piraeus Bank and PwC.Defence value chain

Mechanisms such as the European Defence Fund (EDF), the joint procurement initiatives EDIRPA (European Defence Industry Reinforcement through Common Procurement Act), ASAP (Act in Support of Ammunition Production), Military Mobility, the increased involvement of the European Investment Bank, and the ReArm Europe initiative are shaping a new, more coherent investment ecosystem for the defence sector. In addition, available funding instruments—including EDIP (European Defence Industry Programme), ECF (European Competitiveness Fund) and MFF (Multiannual Financial Framework)—with a focus on the opportunities created for the participation of Greek industry in new European schemes, combined with new domestic financial tools, are fostering a favorable investment climate.

As emphasized by the President of SEKPY, Anastasios Rozolis, “the European defence market is entering a period of profound restructuring, with increasing investment, reindustrialization of the production base, and new funding instruments that now cover the entire value chain, from research and development to production and joint procurement.” He underlined that the Greek defence industry now has the tools to strengthen its participation in European value chains, expand its production capacity, and evolve into a substantive pillar of Europe’s defence strategy by 2030.

The funding opportunities presented demonstrate that the defence industry has strong growth potential in the coming years. Rising European interest in investment in defence, security and dual-use technologies is creating a market with depth, longevity and predictability. Mobilizing companies in the sector is considered critical to leveraging available resources, particularly at a time when geopolitical developments and technological requirements are shaping new prospects for the domestic production base. A key prerequisite, however, is strategic preparation, partnerships and active participation in international collaborative frameworks.

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