Tuesday, July 7, 2020

France to hike defence spending more than a third

Recommended

Arquus celebrates production of 1000th Sherpa armored vehicle

French specialty vehicle manufacturer Arquus has announced that it recently completed the production of the 1,000th Sherpa armored vehicle. The company said it is a...

Parrot to manufacture its surveillance drone for the U.S. Army

French drone manufacturer Parrot announced that it has passed another milestone in the U.S. Army’s Short Range Reconnaissance drone program. Parrot will manufacture its next...

France delays delivery of Rafale fighter to India

French aerospace giant Dassault Aviation facing a new reality as the COVID-19 coronavirus pandemic spreads. Planemaker said that the production of Rafale fighter jets...

France takes delivery of second and final KC-130J tanker

France has taken delivery of the second of two Lockheed Martin KC-130J aerial refueler aircraft, according to a company news release. Lockheed Martin delivered the...

France cut its nuclear arsenal to under 300 warheads

President Emmanuel Macron announced that France already has cut in the atomic arsenal to under 300 warheads. "France has cut nuclear arsenal to under 300...

France has unveiled plans to boost defence spending by more than a third between 2017 and 2025 in an “unprecedented effort” to meet Nato commitments and modernise its army and nuclear deterrent. That was reported by telegraph.co.uk.

The French government unveiled a bill that increases spending on the armed forces from 34.2 billion euros ($42 billion) in 2018 to 50 billion euros in 2025, taking the defence budget from 1.82 percent of GDP currently to a NATO target of two percent.

Nuclear-armed France and Britain are the biggest military powers in the European Union.

More: France to upgrade 200 Leclerc main battle tanks by 2028

French president Emmanuel Macron has reversed a decade of defence budget cuts by approving nearly €300bn in spending for the military by 2025, as France combats Islamist terror groups at home and abroad.

More:  France plans to develop a next-generation Rafale F4 fighter

The decision, announced on Thursday, fulfils Mr Macron’s campaign promise to lift defence spending to 2 per cent of gross domestic product, from 1.7 per cent last year. The budget increase comes amid rising geopolitical tensions in the Middle East and pressure on Nato members from US President Donald Trump to inject more funds into their armed forces.

If you wish to report grammatical or factual errors within our news articles, you can let us know by using the online feedback form.

Executive Editor

TRENDING NOW

U.S. Army looks to buy Soviet-made special ammunition and weapon systems

The U.S. Army is buying an unspecified number of the Non-NATO standard ammunition and Soviet-era weapon systems, according to a government’s main contracting website...

U.S. Air Force B-52H Stratofortress arrives in Guam

The U.S. Air Force has deployed B-52H Stratofortress nuclear-capable bomber Andersen Air Force Base, Guam on July 4. The B-52H Stratofortress bomber, assigned to the...

Russia discloses new details of electromagnetic pulse cannon

Russian defense industry sources have disclosed the new details of the electromagnetic pulse cannon capable of hitting targets 6 miles away. The new super cannon...

Serbia receives Chinese-made unmanned combat aerial vehicles

Ministry of the defense Republic of Serbia has taken delivery of the first CH-92A unmanned combat aerial vehicles from China. The surveillance and reconnaissance unmanned...

Related News

American troops launches large-scale military exercises in South China Sea

The U.S. Forces are carrying out a series of large-scale military exercises in the South China Sea amid border tensions between India and China. The USS Nimitz...

Russia denies that Washington could buy Turkey’s S-400 systems

The Russian Federal Service for Military Technical Cooperation has denied that U.S. would be able to buy Turkey’s Russian-made S-400 air defense system under...

Russia discloses new details of electromagnetic pulse cannon

Russian defense industry sources have disclosed the new details of the electromagnetic pulse cannon capable of hitting targets 6 miles away. The new super cannon...

Pentagon awards $2.3 billion contract for advanced missile defense radars

The U.S. Missile Defense Agency awarded a massive production contract to Raytheon Missiles & Defense, worth up to $2.3 billion, for seven gallium nitride...