Macron Announces Massive French Military Spending Increase | JQJO

French President Macron announced a significant increase in military spending, totaling €6.5 billion over 2026 and 2027. This follows a NATO summit commitment to boost defense spending and is driven by concerns about Russia's expansionist policies and potential reduced US military presence in Europe. The funds will come from increased economic activity, not borrowing. The increase will focus on drones, munitions, air defense, and electronic warfare, as detailed in an upcoming updated military planning law and national strategic review.