This document presents the outcome of the revision of the Capability Development Plan (CDP). It reflects the changes in the EU’s strategic environment, political guidance provided by the Strategic Compass as well as lessons observed from Russia’s war of aggression against Ukraine. This results in a set of revised Capability Development Priorities which will serve as the central reference for defence planning EU-wide and the baseline for all defence-related initiatives and instruments such as the Coordinated Annual Review on Defence (CARD), the Permanent Structured Cooperation (PESCO), the European Defence Fund (EDF) and any future EU Defence supporting tools. In line with the Strategic Compass, this set of priorities shall also serve as a prime reference for national planning.