Nordic industry takes part in new multi-billion Ukraine package

The latest payment of will finance drones, missiles, air defence systems and a major fighter aircraft order

By Kevin Landor Laursen

July 30, 2026 1:26 PM

The European Commission has disbursed another EUR 3.47bn to Ukraine under the defence window of the EUR 90bn Ukraine Support Loan.

The funding covers drones, including long-range jet-powered models, missiles, air defence equipment and Saab’s Gripen fighter jets, the Commission wrote in a release.

It did not disclose how the latest payment is divided between the different systems.

- We are also bringing our defence industries closer together, combining Europe’s industrial scale with Ukraine’s unmatched innovation, Commission President Ursula von der Leyen said in the release.

The Gripen element gives the package a direct Nordic industry link. Saab signed a SEK 24.6bn contract with Sweden’s defence procurement agency FMV in June for 16 Gripen E aircraft for Ukraine, with deliveries scheduled for 2029-2030.

The latest payment follows defence disbursements of EUR 3.9bn in June and EUR 1.1bn in July. The EU plans to release EUR 28.3bn to support Ukraine’s defence industrial capacity during 2026.

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