France is facing the prospect of real capability gaps as it adjusts defense spending to curb its mounting budget deficit. As a first step, the government announced plans last week to curtail defense outlays by €1.3 billion ($1.7 billion) over three years. The move, expected for months, is nonetheless significant because it reverses several years of upticks. What’s more, military officials worry the cutback signals the start of further belt-tightening. For instance, the French air ...

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