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Defense Cuts Expected To Total $4.8 Billion Over 3 Years

September 29 2010

France

French officials say the government will cut defense spending by 3.6 billion euros ($4.8 billion) over the next three years, Defense News reports.

The effects on national security should be "very limited" due to receipts from the sale of property and digital frequencies, government officials said.

Some savings will be realized by postponing the conversion of the Mirage 2000-D fighter-bomber to an air defense variant, an order for 14 multirole tanker and transport aircraft...

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