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Context · SAFE · EU

SAFE €150bn: 18 national plans approved, six countries pre-financed — where the loan money is (Aug 2026)

European Commission / Council · published 12 Aug 2026 · ✓ analyst reviewed · Source ↗

Deadline
Budget / value€150.00bn
Statusopen
Finance & instrumentsMunitions & energeticsGroundAirCounter-UAS
Why it matters
SAFE-financed contracts are appearing at national procurement agencies, not on the EU portal: Poland's Agencja Uzbrojenia has already signed >PLN 60bn — the buyers to watch this autumn are PL, LT, EE, HR, EL, CY (cash in hand) and RO/FR/BE (large allocations, agreements pending).
Route: watch only

Summary

SAFE (Security Action for Europe) loans: 18 Member State plans approved (Jan–Apr 2026); Hungary's €16.2bn request still pending. Allocations: Poland €43.7bn, Romania €16.7bn, France €15.1bn, Italy €14.9bn (undecided; may draw €6–9bn, decision by year-end), Belgium €8.3bn, Lithuania €6.4bn, Portugal €5.8bn, Latvia €3.5bn, Bulgaria €3.3bn, Estonia €2.3bn, Slovakia €2.3bn, Czechia €2.1bn, Croatia €1.7bn, Cyprus €1.2bn, Finland €1.0bn, Spain €1.0bn, Greece €0.8bn, Denmark €0.05bn. 15% pre-financing paid to Poland (€6.56bn, 29 May), Cyprus (€177m), Lithuania (€956m), Croatia (€255m), Greece (€118m) and Estonia (€352m, 12 Aug). Canada agreement concluded; the UK is eligible via its Security & Defence Partnership but no participation agreement was in force as of mid-August 2026; Ukraine and EEA-EFTA countries participate on equal terms.

Analyst note: Update this item whenever a new pre-financing tranche or agreement is announced.

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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 …
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Source: https://defence-industry-space.ec.europa.eu/eu-defence-industry/safe-security-action-europe_en — summarised by Rearm Radar; verify details at source before bidding. Enrichment: analyst (confidence 95%).