[embedded content] [embedded content]
Defense News: Macron wants €400 billion to ‘transform’ France’s forces through 2030
STUTTGART, Germany — Seven months after declaring the launch of a new “war economy” in France, President Emmanuel Macron has unveiled plans to spend hundreds of billions of euros on defense investments that will “transform” the military over the next decade.
The nation’s next six-year military programming law – known in French as the “loi de programmation militaire,” or LPM – will shape the nation’s defense spending between 2024-2030.
Drawing on current geopolitical circumstances and technological developments, Macron will request a €400 billion ($433.4 billion) investment for the 2024-2030 LPM, he announced in a Friday speech at the nation’s Mont-de-Marsan Air Base in southwestern France.
If enacted, that sum would reflect a 35% increase over the current 2019-2025 LPM of €295 billion, and could cover a total of €413 billion military needs, he claimed.
Read more ….
French President Macron Wants To Spend €400 Billion To ‘Transform’ France’s Forces Through 2030
Macron unveils major boost in French military spending amid Ukraine war — France 24
Macron boosts French military spending by over a third to ‘transform’ army — Reuters
France’s Macron proposes big rise in defence budget — BBC
Macron proposes major boost to French defense spending amid Ukraine war — Politico.eu
Emmanuel Macron boosts defence budget to keep France ‘a war ahead’ — The Telegraph
Macron: France to hike military spending by a third — DW
‘Multiple threats’: Macron raises France’s military budget 40% — Al Jazeera