15 Countries With Highest Defense Spending and Largest Military Budgets

6. France

Military Spending: $55.7 Billion

Not only does France already have one of the largest military budgets, it also plans to add another $1.9 billion to it next year. Further increases are expected in the following years as well, as France, definitely one of the countries with highest defense spending and largest military budgets, is readying to face any potential threat to its security or to international peace. The NATO state’s military expenditures represent 2.3% of its GDP. France is also one of the top exporters of weapons and is engaged in operations against jihadists in Syria, Iraq and West Africa. Moreover, the French government has also deployed military forces to protect its citizens against terror attacks on its soil. Earlier this year, two French companies, Zodiac Aerospace SA and Safran SA agreed to merge in a deal worth $7.75 billion, which is this year’s largest aerospace and defense deal.

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