The latest clash between French lawmakers over reducing the country's hefty public deficit could see its defense spending pledges fall to the wayside, analysts say. That would come as a blow to the likes of Thales , Dassault Aviation , Safran and Leonardo -owned MBDA — domestic defense players that have rallied this year on an expected boost in regional funding. French President Emmanuel Macron has stressed the need to "reindustrialize" the country's regions, and for spending to be concentrated within Europe rather than the U.S. or elsewhere as the continent pursues "strategic autonomy." A struggle to pass France's annual budget currently risks toppling the country's government for the second year running . Prime Minister Francois Bayrou has proposed cutting the 2026 budget by around 44 bi

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