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Context · EIB · EU

EIB Group: €4.5bn security & defence target for 2026 and Defence Equity Facility 2.0 (€1bn fund-of-funds)

European Investment Bank / EIF · published 20 Mar 2026 · ✓ analyst reviewed · Source ↗

Deadline
Budget / value€1.00bn
Statusopen
Finance & instrumentsDual-use industrial
Why it matters
For founders and VCs: EIF is now the anchor LP for European defence funds — expect more defence-dedicated funds closing in H2 2026, and cheaper venture debt/guarantees for SME suppliers via national promotional banks.

Summary

The EIB Group raised its 2026 security & defence financing target to €4.5bn (from >€4bn signed in 2025 vs €1.2bn in 2024), extended the SESI window to pure-military projects, and endorsed a Defence Equity Facility 2.0 fund-of-funds with an initial €1bn target; InvestEU DEF committed €50m to Join Capital Fund III in March 2026.

Related

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Tender · Norway · deadline 14 Sep 2026 (28d)
The Contracting Authority shall enter into this agreement on behalf of The Norwegian Defence Materiel Agency (FMA). FMA is a part of the defence sector, directly under the Ministry of Defence (FD). FMA shall ensure that …
Tender · Norway · deadline 14 Sep 2026 (28d)
The Contracting Authority shall enter into this agreement on behalf of The Norwegian Defence Materiel Agency (FMA). FMA is a part of the defence sector, directly under the Ministry of Defence (FD). FMA shall ensure that …

Source: https://www.eif.org/flagship-initiatives/defence-equity-facility-2-0 — summarised by Rearm Radar; verify details at source before bidding. Enrichment: analyst (confidence 95%).