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Macron Accelerates France’s Defense Budget to €64 Billion by 2027

The president frames the boost as essential for Europe’s strategic autonomy through expanded domestic arms production.

Overview

  • Macron warns that European freedom faces its gravest threat since 1945, highlighting Russia’s actions in Ukraine.
  • He moved up the goal to double military spending to €64 billion by 2027, with an extra €3.5 billion in 2026 and €3 billion in 2027.
  • The plan will be financed through increased industrial activity and arms production rather than new government borrowing.
  • New investments will target drones, saturation and precision munitions, space capabilities and enhanced air defense systems.
  • He proposed a strategic dialogue on France’s nuclear deterrent with EU partners, while decisions on voluntary military service await an autumn review.