The added value of EU defence research.

This article examines why the EU should finance defence research. The answers are found in the role the EU increasingly plays in guaranteeing its own security and providing security in Europe's neighbourhood. Against this backdrop, and to compensate for the steady decline in defence research and technology investment, in 2013 the European Commission suggested undertaking preparatory action in this field. This initiative has received support from the European Council and the European Parliament on several occasions. The Parliament put itself in the driving seat for establishing a pilot project in the fiscal year 2015. All the ongoing efforts serve the purpose of establishing a fully fledged European Defence Research Programme starting in 2021. This programme could have the added value of catalysing future cooperative defence programmes, thus delivering urgently needed capabilities for European armed forces. [ABSTRACT FROM AUTHOR]