BAE Systems is committing €50M to VC funds backing European defence-tech startups, €25M of it into Lakestar- and Expeditions-led funds, as Europe rearms.

It comes as the defence prime is more actively investing in defence startups via an incubator programme

Backing funds managed by Lakestar and Expeditions, the initiative seeks to help founders bring advanced defence technologies to market faster as Europe strengthens its security…