France Proposes Big Defense Budget Hike



Pierre Tran, Defense News
PARIS France unveiled Thursday a draft of its 2019-2025 military budget plan, setting 295 billion (U.S. $361 billion) on spending, which included better barracks, larger orders of Army armored vehicles, and studies on next-generation nuclear submarines and airborne nuclear missiles.That spending plan compares to 190 billion in the present 2014-2018 budget law. The Armed Forces Ministry sees the budget law as a renewal, as the government seeks to regenerate the services. A first phase consists of 198 billion in the present five-year government term, with defense... Read More