#147 A defence company in Brussels

Episode site Since Russia initiated its full-scale attack war on Ukraine the European Commission has changed its discourse 180 degrees on funding defence and security industries. It already started with the annexation of Crimea in 2014 where the Commission started up the European Defence Fund, but with the full-scale war the Commission has ripped off the plaster fully from the realization that we need to be able to protect ourselfes. The EU as a peace project has to be able to defend itself. Terma is a Danish 800 employee large company focused on aerospace, defense, and security specialized in in advanced technologies and solutions for global defense, space, and security markets. It provides high-tech systems such as radar, self-protection equipment, mission systems, and software for military, civilian, and industrial use. I invited their man on Brussels, Severin Schnepp, into the virtual podcast studio to fold out the changing conditions for the defence sector in EU funding, the available funding schemes and not least how Terma is using their Brussels office. Time codes: 00:02:05 Introduction 00:04:50 Fly in 00:14:52 A bit of history 00:23:21 Funding schemes 00:35:33 Funding strategy 00:51:10 Boots on the ground in Brussels 01:18:30 The toughest challenge