Category: Financing solution

US Senate votes to reactivate Lend-Lease scheme to support Ukraine

At the beginning of the 30s, the United States chose an international posture of neutrality, responding to an important desire of American public opinion not to allow itself to be dragged into a new European war. From 1939, however, President Roosevelt imposed the Cash and Carry system, allowing Western allies of the United States such as the United Kingdom and France to order military equipment produced by US industry to strengthen their own capabilities. in the face of the rise of the German and Italian armies in Europe, and the Japanese in the Pacific, as long as they are immediately paid in dollars or gold.…

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The Defense Base, the response to French constraints in terms of defense spending

In November 2018, following an article by Michel Cabirol for the economic site La Tribune, the Socle Défense project had briefly attracted some media and political attention, to the point of being the subject of a subject in the 20h of France 2. While the Strategic Review and the Military Programming Law were in preparation, this project proposed to rely on a new financing architecture using savings and a model of leasing defense equipment, making it possible to increase defense investments above 2,65% of GDP, the threshold defined by the Defense Base to enable France to…

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The European Commission wants to abolish VAT for European defense programs

For several years, the European authorities have made significant efforts to stimulate European cooperation in the area of ​​defense programmes. The initial observation was that in 2000, the European armies implemented more than a dozen different models of combat aircraft and nearly a hundred models of armored vehicles, many of which were produced and maintained outside the borders of Europe. 'Union. It was therefore a question of finding approaches in order to rationalize the equipment of the European armies, to secure the production and maintenance chains, and to stimulate European strategic autonomy in this field. Among the solutions implemented, we find the Permanent Structured Cooperation, or…

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Florence Parly in Indonesia to negotiate the sale of Rafale and Scorpene submarines?

Since this morning, the French Minister for the Armed Forces has been in Jakarta, Indonesia on a 2-day trip which is of strategic importance for France and its defense industry. For two years now, negotiations have been under way between Paris and Jakarta on the acquisition of Rafale fighters for the Indonesian air force, and Scorpene submarines for the country's navy, in a vast effort to modernize the armed forces having resulted, in recent months, in the order of 6 FREMM frigates from the Italian fincantieri and two Arrowhead 140 frigates being built locally from the British company Babcock. The…

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4 sustainable budget models for the modernization and extension of the armed forces

In a surprisingly discreet media environment, several major crises that could potentially evolve into armed conflict between great powers are unfolding simultaneously on the planet, whether it is the crisis between Ukraine and Russia potentially involving NATO, the between Israel and Iran about the latter's nuclear program, or the crisis between Beijing and Taiwan, each of them bears the beginnings of a large-scale international conflict that could involve Europe, and France in particular . In this context, it appears that the means available to the French Armed Forces today are quantitatively insufficient and qualitatively unsuitable to deal with it. Indeed, the…

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Poland will apply "COVID" funding methods for the modernization of its armies

In many aspects, the postures of the Polish authorities, in particular vis-à-vis the European Union, are open to criticism, and moreover openly criticized. But there is one area in which Warsaw is exemplary in Europe, its determination to equip itself with sufficient military power to deter any adversary, in particular Russia, from excessive ambitions against them, and against its close neighbours. In this sense, Poland is increasingly replacing the role played by Bonne during the Cold War, when Federal Germany alone fielded more than 1000 F104 and F4 fighter planes and more than 2000 Leopard and M48 heavy tanks. Today, despite a GDP...

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Australia considers leasing US submarines as a waiting solution

Among the questions that emerged about the AUKUS alliance and Canberra's acquisition of nuclear attack submarines from its American and British partners, instead of the Shortfin Barracuda submarines originally ordered from the France, the question of the deadlines for implementing this measure was one of the most significant and fraught with implications. Indeed, no one was unaware that it would take more than fifteen years for the Australian industry to hope to deliver an operational nuclear submarine to its navy, and this while its own Collins-class submarines already mark the weight of the years. It seems that the Australian authorities…

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Barracuda, Shortfin, Scorpene: What alternatives to increase the French submarine fleet?

For several months, several French Deputies and Senators, whether they belong to the presidential majority or to the opposition, have repeatedly and more and more precisely questioned the Minister of the Armed Forces Florence Parly as the Chiefs of Staff on the capabilities and deficiencies of the French armies in the field of high intensity combat and nuclear deterrence. Combat drones, fighter or frigate fleets, second aircraft carriers and armored vehicles, many topics were discussed, with the very real fear expressed by parliamentarians that the operational capabilities of the French armies would be, in the years to come. , insufficient for…

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US Congress approves 2022 Pentagon budget increase of $ 23,9 billion

Caught between his right wing and the Republican Party in favor of a massive increase in defense investments to support the challenge launched by Beijing and Moscow, and the left wing of the Democratic Party, to which he partly owed his election, in favor of a reduction in Defense appropriations in order to finance the social promises made during the campaign, President Joe Biden, and his administration, had taken a neutral position, granting an increase of only 1,5%, $ 11 billion to the Pentagon for the 2022 budget, for an overall amount reaching $715 billion. However, in the United States, the final word regarding…

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Israel wants new F-15s paid for by US

Each year, the budget of the Israeli armies is supplemented by the United States to the tune of $3,3 billion to acquire new equipment from US industries, as well as $500 million to acquire and maintain state missiles. Hebrews. Today, this budget is almost entirely absorbed by the acquisition program for the new F35i Adir ordered by Jerusalem, as well as by the maintenance of the F15, F16 and other E-2C Hawkeyes in service within the air forces of the country, as well as its fleet of helicopters. However, Hebrew officials continue to warn of the growing threat posed by…

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