The Gunners' boss indicated that his side are better positioned to battle it out in the Premier League this year after a successful break, admitting third was their limit last term
The Frenchman has already secured the services of Lukas Podolski, Olivier Giroud and Santi Carzola, while Robin van Persie remains at the club despite his desire to leave.
The 62-year-old insisted that thanks to the Gunners' preparations, and the avoidance of injuries, his side are ready to challenge for the title once more, indicating that achieving third spot last season was the best that they could do after a tough start.
"We are in a much stronger position now because last summer we lost Nasri and Fabregas, and on top of that we lost Diaby and Wilshere [to injury]," he told Arsenal Player.
"So we lost four players at the start of last season and that is not the case this time.
"We want to [compete for honours] and we have a desire to.
"We are up for it and what we want is to come out of the season and know we have given our best. I feel we did that last year, finishing third with the start we had.
"The first target is to do as well as we can in every single game and see where we stand at the end of the season. But of course we want to fight for the championship."