I wouldn't exactly call the world's fastest ballistic missile (Mach 25!) a legacy product...
That kind of delta-v makes it almost an orbital launcher.
It's just an orbital launch vehicle. Something the US can produce by dozens per day it needed. Whereas the French have a stockpile which is no more than 50 with a production rate of maybe 1 or 2 per month.
Yes, by borrowing. Any meaningful reforms seems infeasible due to social and political reasons.
> Also arianespace group has 60% of their revenue from the development of the m51 nuclear launcher
Yes, so we agree its hardly much more than a government military contractor making its money from legacy products and not some sort of an innovative company.