NATO's 5% GDP Pledge: Space Defense Spending Set to Skyrocket
The NATO summit in Ankara signals a massive ramp-up in defense spending, with the space sector poised to benefit as allies pivot to a 5% GDP target by 2035. Space-based early warning, communications, and anti-satellite systems will see accelerated procurement, reshaping the global defense space market.
Source: stcatharinesstandard.ca · bnnbloomberg.ca