4.4 • 796 Ratings
🗓️ 3 August 2025
⏱️ 18 minutes
🧾️ Download transcript
France, the world's second-biggest arms exporter, is expected to double military spending in the next two years.
We visit a factory in the north of the country that's switched production from civilian to military equipment, as part of what French President Emmanuel Macron is calling a "war economy".
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Presented and produced by John Laurenson
(Picture: President Emmanuel Macron delivers a speech to army leaders at l'Hôtel de Brienne in Paris on July 13, 2025, on the eve of the annual Bastille Day Parade in the French capital. Credit: Getty Images)
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0:00.0 | The sound of tanks on the Chonsalise in France's traditional Bastide military parade a couple of weeks ago. |
0:08.5 | The evening before, President Macron said this. |
0:11.9 | Although we had planned to double our defence budget by 2030, we are going to double it by 2027. |
0:18.3 | Welcome to Business Daily from the BBC World Service with me John Lawrence. Today we're in France. |
0:23.8 | One of a number of European countries ramping up arms production where the president says he's creating a war economy. |
0:32.7 | We are increasing massively the production rates of equipment that we put on the raffle aircraft. |
0:40.0 | We have multiplied our production of radars by three, and what we do for rockets, we have multiplied |
0:46.2 | by five. |
0:47.9 | Faced with a boulder, a more aggressive Russia and increased uncertainty about US commitment |
0:53.9 | to European defence. |
0:56.0 | France is increasing defence spending, upping arms and munitions output, speeding up development |
1:02.0 | and production times, switching civilian factories to arms production and concentrating |
1:07.5 | military manufacture in France itself. |
1:10.1 | That's France's war economy coming up in business daily. |
1:17.5 | In a factory in Normandy, in the north of France, |
1:20.9 | a worker called Celine appears into a microscope. |
1:24.6 | I'm controlling visually visually all my components one by one to see exactly where everything's been |
1:33.4 | set and check the quality of my soldering. |
1:37.2 | If there is a component that's not quite set right, it's me who replaces it. |
1:43.2 | To get in here and see what Celine and her colleagues are doing, |
1:47.4 | I've had to pass through some space age security, which is understandable. |
1:51.9 | This factory makes printed circuit boards for the fighter planes used by the French |
... |
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