

A major point of the whole shebang should be to drive EU-domestic investment and jobs.
I agree that IF you have to spend money on defense, you might as well do it domestically but that should be an added bonus, not a major point.
Economically speaking, the defense industry is a terrible investment. At best the goods it produces just sit there and are never needed, at worst they are used up. The US military industrial complex is not a healthy, useful or productive industry. Jobs in just about any other industry are more useful for society and/or the economy.
Defense spending should be purely driven by security requirements. Potential jobs created are a nice bonus but should not be part of why you’re doing it.
These funds are not for sovereign govervments but for the EU itself.
As the article quotes: