![Macron](/sites/default/files/styles/crop_freeform/public/2023-01/gettyimages-1246382976.jpeg?itok=Axn48iuF)
French President Emmanuel Macron announces the spending boost at Mont-de-Marsan airbase on Jan. 20.
Credit: Bob Edme/AFP/Getty Images
France is planning to raise defense spending by around a third, President Emmanuel Macron has declared, with the funding being deployed to transform the country’s armed services. Spending under the country’s military planning law (LPM) will be raised to €413 billion ($450 billion) over the 2024-2030...
Subscription Required
France To Raise Defense Spending As Threats Mount is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.