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![Led by US, global spending on military space jumped to $54B in 2022: Space Foundation](https://sites.breakingmedia.com/uploads/sites/3/2023/07/pleiades_neo_artistview-225x150.jpeg)
The Space Report 2023 Q2 study estimates that US Defense Department classified and unclassified spending in 2022 hit almost $43 billion.
By Theresa Hitchens![Defense Industry Pushes Back Against New Pentagon Rules](https://sites.breakingmedia.com/uploads/sites/3/2012/07/103001109-225x150.jpg)
WASHINGTON: The Pentagon is looking to get a tighter grip on how it pays large defense contractors, and has drawn up plans to cut up front costs while rewarding companies that hit their milestones on time. The defense industry, however, isn’t happy about it. Every major defense industry trade association voiced opposition to the…
By Paul McLeary![Despite Trump’s Rhetoric, U.S. Defense Firms Pitch Moving Production To India](https://sites.breakingmedia.com/uploads/sites/3/2018/07/F-16-225x150.jpg)
As big defense firms line up to pitch their fighter planes to India, the government of Narendra Modi is demanding they build in India, something that might be at odds with the Trumpian America First philosophy.
By Paul McLeary