France to boost munitions spending by nearly $10 billion through 2030
By Rudy Ruitenberg
Mar 26, 2026, 08:12 AM
PARIS — France plans to spend an additional €8.5 billion (U.S.$9.8 billion) to buy munitions through to 2030, with the return of high-intensity warfare in the Middle East and Ukraine showing a need for more mass, Prime Minister Sébastien Lecornu told parliament on Wednesday.
The country plans to set up a platform called France Munitions that will serve as an ammunition wholesaler for the French armed forces as well as allies and export clients. The goal is to place bulk orders with manufacturers to speed up an overhaul of industrial production capacity and raise ammo output in France, with funding coming from both the government and private investors, Lecornu said.
European countries have observed munition spending in Ukraine and the Middle East with concern, with the volumes of drones and missiles used in the space of weeks well beyond what they have in stock, and outpacing production capabilities of Europe’s defense manufacturers, for now. The updated spending plan allocates four times more funding to ammunition than a previous law, Lecornu said.
https://www.defensenews.com/global/europe/2026/03/26/france-to-boost-munitions-spending-by-nearly-10-billion-through-2030/