Investigation finds EU defence fund money reaching Israeli-owned Intracom Defense

Investigate Europe found Intracom Defense, 94.5% owned by Israel's state-owned IAI, has drawn at least EUR 15 million in European Defence Fund money since 2023. It leads the EUR 59 million Actus drone programme with EUR 42 million of that EU co-funding.

Reported Editor-read Investigate Europe, 10 June 2025

What it does not test. Does not establish that any EDF rule was broken, since Article 9 lets EU-based units of third-country owners draw funding via guarantees.

How this item counts. This item is dated before the index starts on 1 January 2026, so it does not count in the European Sovereignty Index.

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-10-20. How the record is made

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