Renault union CGT rejects any shift into weapons work as automaker develops a military ground drone
Renault’s CGT union is rejecting any move into weapons work as the automaker develops a military ground drone, with no contract yet public.
Safran teams up with Abu Dhabi defense giant EDGE to co-develop next-gen aerospace and military tech
Safran and Abu Dhabi’s EDGE signed a June 18, 2026 pact to co-develop defense and aerospace tech, sharing IP for UAE and export markets.
MBDA to build major missile-production plant near Orléans, targeting hundreds of jobs by 2030
MBDA will add a 99-acre mechanical-production site near Orléans, starting in rented space in 2027 and aiming for hundreds of jobs by 2030.
MBDA and Safran move into final stretch to pitch Thundart ballistic missile as France weighs 2026 budget
MBDA and Safran are in the final phase of pitching Thundart, a ground-launched ballistic missile now under review in France’s 2026 budget.
Brittany counts 40,150 “NEET” young people, as France rolls out a no-new-money youth jobs plan
Brittany has 40,150 “NEET” young people ages 15-29, as France launches a 15-measure “Emploi futur” youth jobs plan with no new funding.
KNDS tests 140mm ASCALON gun on Leopard 2 A-RC 3.0, hinting at the Franco-German MGCS tank’s direction
KNDS tested Nexter’s 140mm ASCALON gun on the Leopard 2 A-RC 3.0 demonstrator, a quiet hint at where the delayed MGCS tank may land.
Dry4Good to spend about $5.4 million to scale up dehydrated fruit-and-vegetable ingredients at its Cergy plant
Dry4Good will invest €5 million (about $5.4 million) to expand its Cergy plant, scaling dehydrated fruit-and-vegetable ingredients meant to replace additives.
Malaysia orders 18 French Caesar MkII howitzers, pushing global sales to 782 across 15 countries
Malaysia ordered 18 KNDS France Caesar MkII howitzers, making it the 15th buyer as global Caesar orders reach 782, with 470+ delivered.
Guadeloupe business groups warn construction sector is near collapse, urge emergency action on payments and contracts
Guadeloupe Économique issued a “maximum alert,” warning construction is near collapse amid late payments, stalled sites, and a push for local contracts.
Renault and Thales say they’ll build 1,000 “Toutatis” loitering munitions a month starting in 2027
Renault and Thales unveiled a deal at Eurosatory to mass-produce the Toutatis loitering munition, aiming for 1,000 units a month in 2027.
Budget cuts put 23,000 social-economy workers in France’s Caribbean territories at risk as emergency plan kicks in
Budget pressure on France’s social-economy groups in the Caribbean has triggered an emergency plan as 23,000 jobs hang in the balance.
Leoni breaks ground on 12th Morocco plant, investing about $69 million as auto wiring demand climbs
Leoni is building its 12th Morocco wiring-harness plant with a 640 million dirham investment (about $69 million), betting on EV-driven demand.
France’s 2026 Budget Puts Overseas Territories on the Front Line of High Prices, Energy and Tax Reform
France’s overseas territories want 2026 budget action on high prices, energy independence and tax reform as Paris targets a deficit under 5% of GDP.
France touts $100B “Choose France” haul, but a solar startup collapse and AI data-center power needs raise doubts
Macron unveiled €93B ($100B) in pledges at Choose France, but Carbon’s collapse and SoftBank’s power-hungry data centers fuel doubts.
Entrepreneurship stays hot on France’s Réunion Island in 2026 as support programs ramp up for new founders
Réunion Island’s startup momentum is still rising in 2026, with more workshops and guidance as founders seek clarity on retirement and benefits.
France Scrambles Mirage 2000s, Rafales and Fennec Helicopters for G7 Security as Macron Distances Paris From Iran Strikes
France deployed Mirage 2000s, Rafales and Fennec helicopters for G7 security as Macron said Paris was “neither warned nor involved” in Iran strikes.
In Mayotte, 68% of high school grads accept college offers off-island through Parcoursup
In Mayotte, 68% of high school grads accept Parcoursup offers off-island—far higher than other territories—driven by limited local options and paperwork rules.
Wallis and Futuna commerce chamber teams up with local banks to expand financing for island businesses
Wallis and Futuna’s CCIMA has partnered with local banks to improve access to financing for businesses, though key details remain unavailable.
Analysts Recalibrate Calls on Renault, Air France-KLM and Alstom as French Stocks Face Fresh Scrutiny
Analysts updated views on Renault, Air France-KLM, Alstom, Forvia and GTT on June 18, with fresh price-target and rating moves pending.
Macron touts €93B (about $100B) in foreign investment pledges at Choose France summit in Versailles
Macron announced €93B (about $100B) in Choose France pledges at Versailles, but questions remain about how many projects will materialize.