Project spending By the European Defence Agency (EDA) increased by nearly a third during 2008 and has more than doubled since 2005, according to figures recently announced by the defence exports co-ordination body. In its 2008 annual report, released on 15 October, the EDA said its spending on projects and studies increased to EUR5.9 million (USD8.8 million) in 2008 - an increase of 31.7 per cent On the 2007 outlay of EUR4.5 million.
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