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French arms exports 'see five-year jump of 72%'

French weapons sales abroad rose between 2015-2019 by 72 percent on the previous five years according to a report by the Stockholm International Peace Research Institute, which said the latest total represented almost 8 percent of global arms exports during the same period.

La rédaction de Mediapart

This article is freely available.

France’s spectacular 72 percent jump in weapons’ exports in the 2015-2019 period from five years prior is largely thanks to two companies: Dassault Aviation and Naval Group, reports Defense News.

The first of those companies sold Rafale fighters to Egypt, India and Qatar, while the second has become the most successful exporter of warships in the world — if one includes orders — selling submarines to Brazil and India, frigates to Malaysia and the United Arab Emirates, and mine-sweepers to Belgium and the Netherlands.

A report released on March 9th by the Stockholm International Peace Research Institute notes that “French arms exports reached their highest level for any five-year period since 1990 and accounted for 7.9 percent of total global arms exports in 2015-19.”

Diego Lopes Da Silva, a SIPRI researcher adds: “The French arms industry has benefited from the demand for arms in Egypt [which accounted for 26 percent of France’s defence exports], Qatar and India [14 percent each].”

Read more of this report from Defense News.