What We Are

Defence Finance Monitor is an independent analytical platform that provides structured intelligence on the political, institutional, industrial, and regulatory dimensions of defence and dual-use innovation across liberal democracies, with a particular focus on Europe. It does not perform financial or company-level due diligence, but offers the strategic context necessary to interpret which technologies and enterprises are aligned with Europe’s evolving security agenda.

The platform is built on a core principle: in the defence sector, a company only becomes investable when it is strategically relevant to public buyers—such as Ministries of Defence, Armed Forces, and NATO/EU institutions, or prime contractors. This relevance emerges when the company contributes to solving a recognised strategic problem, including enhancing deterrence, reducing dependency on external suppliers, or achieving superiority in critical technological domains.

DFM translates official documents—such as the EU Strategic Compass, the EDF regulation, NATO priorities, and national capability plans—into actionable insight. It defines and analyses how strategic imperatives and public policy frameworks establish the playing field and the rules under which enterprises must operate. It traces how these political and doctrinal references shape procurement frameworks, funding programmes, industrial partnerships, and technological roadmaps. By linking strategic goals to industrial dynamics, DFM helps investors assess whether a company is positioned to benefit from—or contribute to—the public demand that drives defence innovation.

DFM therefore complements traditional investment analysis by clarifying the structural, political, and institutional filters through which defence-related companies must pass to become investable. Its function is to align innovation signals with strategic intent.