How is France expected to turn to a war economy?

According to the report, France plans to invest EUR 413 billion under the fresh Military Programming Act (LPM) for the period 2024-2030. This is simply a crucial increase in defence spending compared to erstwhile years. In 2023, orders for EUR 20 billion, well above the average yearly value in 2012-2022, indicate a change in approach to defence manufacture financing. These investments aim not only to increase defence capacity but besides to strengthen the defence sector's function in the country's economy, presently employing 210 000 people, including 4,000 tiny and medium-sized enterprises (SMEs).