Macron proposes $438B military budget to French parliament.
French President Emmanuel Macron has sent a $438 billion military budget plan to the country's parliament, which will support new capability efforts and ongoing programs through the end of the decade. The investments are intended to target several areas of focus, including a need for additional munitions and weaponry in the wake of Russia's attack on Ukraine and a return to high-intensity conflict on the European continent. The plan includes the development of the nation's next-generation aircraft carrier, new frigates, and fighter jets, as well as modernizing its land forces and investing in space surveillance and undersea warfare.