France Aims to Increase its Defense Budget to €64 Billion by 2027. Here's how Thales benefits!
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France plans to increase its defense spending. It is expected to double by 2027 compared to 2017. To achieve this, spending needs to rise to €64 billion, which is also the new target set by Macron. Consequently, there will be additional expenditures of €3.5 billion in 2026 and €3 billion in 2027. To meet NATO's new spending goal, which focuses on 3.5% for pure military equipment, France would need to raise its budget to approximately €106 billion. As one of the largest European providers of military communication systems, radar technology,...
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