Belgium signs 1.7 bn euro arms deal with FN Herstal

The Belgian federal government on Friday gave the green light to an arms deal between the Defence ministry and arms manufacturer FN Herstal. Over the next 20 years, the Belgian army will buy 1.7 billion euros worth of weapons and ammunition from the company.

The Belgian government has long been working on a deal with FN Herstal, owned by the Walloon government, to supply arms and ammunition. The contract was awarded without a public tender. 

At a press conference on Friday, prime minister Alexander De Croo referred to Article 346 of the Treaty on the Functioning of the European Union, which allows member states to deviate from EU rules to protect their essential security interests.

The deal covers not only arms and ammunition but also maintenance, repairs, storage and research and development. According to De Croo, the deal will create 60 jobs. 

Defence minister Ludivine Dedonder said the 1.7 billion euro figure was only a starting point. Given the current geopolitical context, it is impossible to predict where the deal will lead in 20 years, she said. 

She called it an "important step forward in strengthening Belgium's strategic autonomy" and said several other European countries had expressed interest in joining the project. 

Since the outbreak of the war in Ukraine, the European Union has been working to rebuild Europe's defence industry after years of neglect. Demand for arms and ammunition has soared as a result of the conflict, and Europe is heavily dependent on third countries for supplies. 

 

Belgian weapon manufacturer FN Herstal's booth at the international weapon industry trade fair Eurosatory in Paris © EMMANUEL DUNAND / AFP


Related news

Website preview
Belgium and FN Herstal negotiate arms deal worth 1.3 bn euros
The Belgian Defence ministry is close to signing a strategic partnership with arms manufacturer FN Herstal, De Standaard reported on Tuesday. The 1.3 billion euro deal aims to replenish stocks and enable additional production for Ukraine.
www.belganewsagency.eu

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About belganewsagency.eu

Belga News Agency delivers dependable, rapid and high-quality information 24 hours a day, 7 days a week, from Belgium and abroad to all Belgian media. The information covers all sectors, from politics, economics and finance to social affairs, sports and culture, not to mention entertainment and lifestyle.

Every day, our journalists and press photographers produce hundreds of photos and news stories, dozens of online information items, plus audio and video bulletins, all in both national languages. Since the end of March 2022 English has been added as a language.

For public institutions, businesses and various organisations that need reliable information, Belga News Agency also offers a comprehensive range of corporate services to meet all their communication needs.

Contact

Arduinkaai 29 1000 Brussels

www.belganewsagency.eu