US EditionDefense Spending Drives Government Space Budgets to Historic High
2 Articles
2 Articles
Colombia Shifts Defense Spending to Swedish Jets After Years of Neglect
President Gustavo Petro confirmed Colombia’s purchase of Swedish Saab 39 Gripen fighter jets as part of a comprehensive military modernization effort. The announcement follows years of delayed investments in Colombia’s armed forces amid ongoing security challenges from insurgent groups. Colombia allocated $3.65 billion in 2023 for air force modernization alone. The Gripen acquisition replaces the […]
Defense Spending Drives Government Space Budgets to Historic High
Global government space investments rocketed to $135 billion in 2024, marking a 10% increase from 2023, with defense expenditures driving growth and continuing to outpace civil spending. Novaspace, the leading […] The post Defense Spending Drives Government Space Budgets to Historic High appeared first on SpaceNews.
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