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Working Paper No. 39 – Financing Luxembourg’s Defence Industrial and Technological Base
Strengthening Luxembourg’s Defence Industrial and Technological Base (LDITB) is one of the pillars of the national defence strategy. With Luxembourg’s defence expenditure expected to rise from €464 million in 2021 to nearly €1.66 billion in 2029, against the backdrop of a European defence market already worth €454 billion in 2026, the challenge is both to support projects undertaken by established players and to foster the emergence, attraction and growth of innovative start-ups.