A European Council summit dedicated to defense and Ukraine is slated for Thursday; EU leaders are expected to discuss ways to fund increased military expenditures.
Macron also hinted that he would propose a new defense budget for France, despite lacking a parliamentary majority to pass it.
They’d be able to help secure Europe, could get some sales to EU countries and such, but I see this as a project that would deal directly with established armies (and countries’ defence budgets) rather than going through the EU.