France hews to long-term procurement plan
France’s defense budget for 2010 is €32.1 billion ($46.7 billion), 2.6% less than in 2009. Despite lower spending, new equipment is a priority, as laid out in the defense white paper of June 2008. The 2010 budget will, moreover, meet spending requirements of the six-year (2009-14) military program law, which stresses equipment, reorganization and better conditions for personnel. The military program law set procurement spending at €101.9 billion. For 2010 the procurement budget is €17 ...
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