European Commission President Ursula von der Leyen has unveiled an ambitious proposal for European Union (EU) member states to invest approximately $840 billion in defense, more than double the bloc’s total defense expenditure in 2024. The announcement underscores a dramatic shift in Europe’s strategic priorities, as security concerns mount amid geopolitical tensions and a shifting transatlantic security dynamic.

Speaking on March 4, von der Leyen described the current period as the “most dangerous of times,” emphasizing the “grave” threats facing the EU. Her proposed ‘ReArm Europe Plan’ is designed to bolster the bloc’s military capabilities in response to what she sees as an increasingly unstable global security environment.

“We are in an era of rearmament,” von der Leyen declared, revealing that she had already sent a letter outlining the plan to EU leaders ahead of a key European Council meeting scheduled for later this week.

“ReArm Europe could mobilize close to €800 billion ($840 billion) for a safe and resilient Europe,” she said. “This is a moment for Europe. And we are ready to........

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