Europe is accelerating its defence and security agenda in response to growing geopolitical pressures. To support this shift, EU and national funding frameworks are evolving rapidly, opening new opportunities for defence and dual‑use projects across strategic industries.
PwC’s paper "From Civil to Defence: Funding and Financing for European Readiness" provides a clear overview of how public funding, dedicated defence instruments and private capital are reshaping the European defence ecosystem, and what this means for organisations looking to act now.
What's changing
Civil programmes increasingly accessible to defence and dual‑use projects
New EU instruments dedicated to defence, industrial scale‑up and joint procurement
Stronger involvement of the EIB, national promotional banks and commercial lenders
Growing private investment across defence‑relevant technologies
Why it matters for Luxembourg
For companies and public actors in Luxembourg, the shift towards a more coordinated European defence funding architecture creates both opportunities and challenges. Whether you are active in advanced manufacturing, space, cybersecurity, digital, or other strategic technologies, understanding how to position projects within this evolving framework is becoming essential.
Organisations with traditionally civil activities may also find new pathways to diversify into dual‑use or defence markets, provided they can align their projects with eligibility requirements, strategic priorities and financing expectations.
How PwC Luxembourg can help
PwC supports organisations throughout the entire defence funding and financing lifecycle, from early strategy to execution. Our teams can help you:
From Civil to Defence
Funding and financing support to European readiness
