Thread by @EUDefenceAgency

Development, Delivery and Determination

25 🇪🇺 states have committed to jointly plan, develop & invest in shared capability projects under Permanent Structured Cooperation.

With 60 ongoing projects, how is #PESCO moving ahead?

🆕pesco.europa.eu/pressmedia/dev…

🧵on PESCO progress👇

6⃣0⃣ | 4 waves of PESCO projects have been launched across 7 military domains

⏳Each project has a unique timeline, combination of project members & complexity

#PESCO Projects Progress
⏩18 in the penultimate phase of development
⏩21 moving forward in their development cycle

2⃣projects have reached Full Operating Capability
📌European Medical Command
📌Cyber Rapid Response Teams

3⃣ third states have joined a PESCO project
📌Military Mobility 🇺🇸🇳🇴🇨🇦

2⃣0⃣ projects maintain their ambition to deliver by 2025

📅2025-26 are foreseen as key years for the delivery of concrete results

📊Increasing number of projects will move from execution to completion phases in 2025-26.

6⃣ PESCO projects have fallen behind in their expected delivery in 2025, while 15 others are facing delays.

📌Infrastructure, complexity of tasks, synchronise project milestones to funding & pandemic impact.

📌Some projects face a lack of planning, both financial & practical.

5⃣ years on

📌Only 3% of #PESCO projects are deemed to be at a high-risk failure

📌PESCO is advancing along its global timeline, a call for the fifth wave PESCO project proposals was issued in July 22 with new PESCO projects due to be selected by #EUDefence Ministers in May 23

European Defence Agency has supported 12 PESCO projects, helping with harmonisation of requirements or delivering capability through projects run at the EDA.

📌Last year, EDA’s support has formally been requested for four PESCO projects.

December 2022 will mark five years since 25 EU leaders formally launched PESCO with a call for it to be inclusive and ambitious.

Learn how #PESCO works and stay up-to-date via -

📌pesco.europa.eu

#EUdefence #StrongerTogether