The French Defense Industry is not ready to meet the needs of NATO states re -equipment reports a report published by Caisse des Dépôts, which highlights the risk of losing 30 – 45 billion euros a year in additional orders by 2035. which are called upon to reach 5% of GDP spending (ie $ 800 billion) – “France is not ready to meet the requirements of re -equipment and at the same time maintain its position as a second largest exporter of defense material worldwide.” In particular, it is noted that in order to keep up with the re -equipment of NATO countries, France faces a dual problem: on the one hand it must meet its own needs to modernize its equipment, and to maintain its place as a second export force in the defense. However, according to the report, “neither its industrial capabilities nor the teachers […]
Source: News Beast
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