The EU aims to significantly enhance its defense capabilities by 2030 to address growing security threats effectively. Key objectives include closing an 800 billion euro investment gap and increasing defense spending to 3.15 percent of GDP. Joint procurement, standardized regulations, and a European preference are intended to reduce dependency on third countries. Funding will be provided through EU instruments like the SAFE fund and an expanded EIB mandate for defense projects. Politically, closer cooperation among member states is sought to overcome fragmentation and boost the competitiveness of Europe’s defense industry.