🇪🇺 New measures to urgently boost EU defence industry capacities in ammunition productionToday, the Commission has adopted the Act in Support of Ammunition Production (ASAP) to urgently deliver ammunition and missiles to Ukraine and to help Member States refill their stocks.By introducing targeted measures including financing, the Act aims at ramping up the EU's production capacity and addressing the current shortage of ammunition and missiles as well as their components.In particular, it will strenghten the responsiveness and ability of the Union defence industry to ensure the timely supply of ammunition and missiles in Europe. 💬 President von der Leyen:"Europe is stepping up its support on three tracks. First, Member States are delivering additional ammunition from their existing stocks, with new European Peace Facility support of 1 billion euros. Second, together with Member States, we will procure jointly more ammunition for Ukraine - and we are making available an additional billion euro for that. And today, we are delivering on the third track. Ramping up and speeding up the defence industrial production of ammunition in Europe."📄 Press releaseEuropean Commission #StandWithUkraine