European Union Funding Boosts Finnish Defense Ammo Production with €32.5 Million

Defense News , Europe :-  The Finnish government just got a big boost for making more ammunition. They received €32.5 million from the European Union (EU) to help with this. This extra money adds to the €24 million they already got from their own Ministry of Defence back in December.

Finnish Defence Minister Antti Häkkänen said they've been asking the EU for help with this for a while. Finally, their efforts paid off. The EU funding matches what Finland planned to do to make more ammo. This money will be used for important investments to make sure Finland's military has enough supplies and to support Ukraine in the long run.

The EU gave out this money through something called the ASAP fund, which is for supporting ammo production. The whole fund had about €500 million, and Finland got the full amount they asked for.

Nammo Lapua Oy, a Finnish company, got €22.5 million from the EU to make more 155-mm artillery grenade shells. Another company called Nammo Vihtavuori Oy received €10 million to increase its production of nitrocellulose and powder, which are used in making ammunition.