French President Emmanuel Macron has issued a call to arms manufacturers, urging a "sustained" effort to increase production rates in light of the ongoing war in Ukraine and a surge in global rearmament activities. During a ceremony to lay the foundation stone of a new gunpowder manufacturing plant, Macron highlighted the crucial role of the
As reported by Agence France-Presse, Macron's remarks in Bergerac underscored the importance of transitioning swiftly to a "war economy" to bolster Ukraine in its conflict with Russia. He emphasized the need for immediate action, advocating for rapid, forceful, and widespread efforts that also maintain sustainability.
Highlighting the enduring nature of global defense demands, Macron pointed out the significant rearmament initiatives, particularly in Russia, and a marked increase in military expenditures across Europe.
The forthcoming gunpowder factory, operated by industry leader Eurenco, is expected to commence production in early 2025, aiming to generate 1,200 tons of gunpowder yearly. This move comes as a response to the growing demand for ammunition, further intensified by the Ukrainian conflict.
Eurenco's current order book, stretching into 2030 and valued at 1.2 billion euros in the last six months alone, signifies the heightened global demand for military supplies and the critical role of the defense industry in maintaining national and international security.