French President Emmanuel Macron announced Sunday that France will accelerate its defense buildup, committing to a “new” and “historic” surge in military spending in response to escalating ...

France will add €3.5 billion to the 2026 defense budget on top of a planned increase, and €3 billion to the 2027 budget, the French president said. With that, the country will have doubled its ...

Europe’s increased defense spending may please the US and enrich its defense industry, but it risks militarization without ...

Military spending stood at $37.64 billion in 2017 when Mr. Macron took office, so it will in effect have doubled in a decade. But it still represents only 2 percent of total economic output today.

French President Emmanuel Macron said on Sunday that France would increase its defence budget more quickly than originally planned, announcing additional spending of €3. 5 billion ($4 billion ...

NATO's rearmament plans could generate an annual market of €45 billion over the next decade in France and create more than ...

He said France will aim to spend 64 billion euros ($74.8 billion) in annual defense spending in 2027, the last year of his second term. That would be double the 32 billion euros in annual spending ...

France’s defence ministry has announced new orders worth €4 billion ($4.7 billion), with its efforts around “strengthening defence capabilities and defence innovation” having totalled € ...

Macron called to raise defense spending by 3.5 billion euro ($4.09 billion) next year and by another 3 billion in 2027. French lawmakers would had to approve the increases before they can be enacted.

PARIS — France will accelerate a hike in defense spending to reach €64 billion (US$75 billion) in 2027, three years earlier than planned, President Emmanuel Macron told troops and military ...