I have to say, albiet the tech is not my strong point, what Atrodegaon is saying makes a lot of sense. I can see the defence industries of both the UK and France pushing for a dive-bomber, given the manner of the defeat.
Also xt828 has a good point with regards to the Matilda II. I would gather that in an effort to re-arm, many Matildas would be flying off of the production line, many of which would be heading to the French. I can also see Canadian and US factories producing weaponry for the British(and by extension the French, whom the British will be stockpiling for in additon to themselves.)
With regards the smaller powers, Norway has basically set up a guerrilla force should Germany invade, to cause havoc within the lines, but it is accepted that should Britain not help, they will be finished.
Belgium and the Netherlands are in both a particularly dangerous positon.
Belgium, remember has an occupation force in the south, which means that should the Brits and French go to war, then they will get dragged in. They will be well aware of the threat of the Germans but also due to the occupation forces, they have to fear a German or Franco-British invasion also(German forces sittin on the flank in Belgium would be considered far too big a risk to ignore) in event of a new war. Either way, their national independence is fucked.
The Dutch Government is simply happy that the Dutch have kept their liberty, and dont believe that the British and French can stop the Germans so are playing as neutral and as friendly to all powers as possible. In the low countries, re-armament is a dirty word.
About the French equppment, obviously, if they took on board their entire orders to the US, then France and Germany would be at war quicker than you could say 'Treaty violation'. Britain, as I have stated bought some of the equipment, as did Canada, but much of the equpment and material lies in the States as yet.
The French fleet was a sore point for the British upon the end of the war. Obviously handing the French fleet over to the Nazis screams make Sealion semi-plausible, so no, that never happened. Quite a bit of the French fleet was sent to British ports to be scrapped. What parts, though were up to the French, the restrictions placed them with a fleet set at 90% of the German fleet, not nearly as bad restrictions on the Navy, but Aircraft Carriers cannot invade Berlin..
No monies changed hands at the end of the war, as that would imply war guilt, although the German force of occupation does drop a heavy hint at who won.
As to the comparitive strengths of the Allied and Axis forces, they will change over the next twelve months, I assure you...
The British already due to the Causes of Deafeat Committee blame leadership and tactical ineptness for the defeat in June. Since the French have taken part, and given the comparitive power shift between the Allies, they have little option but to accept the Committees findings. The French, as much as the British are reforming their military. Of their 250,000 troops, the vast majority are trained in Artillery and in Tank divisions. The Gendarmes, who are a new class of Gendarme, officially part of the police, and officially classed as Police riot support units they would be trained in infantry tactics in their spare time.
As I said though, given the situation, Hitler was not concerned about the Western powers at this stage. He viewed them as paper tigers, who would fold if he pushed at them. As such, regardless of all this, and given how any plans to attack would be noticed by the Germans and in his belief, crushed, he allows the sabre-rattling to continue. As I also mentioned, it gives him an excuse to to Stalin over the German economy still being on a war footing.
Also, over Emil Hácha. Oops. Wasn't particularly thinking over names, simply events and the name must have Havel must have slipped out. I assure you, there is no time portal in this time line(shades of Nixon there methinks).