Moving Forward

The 2024 U.S. Space Force budget has $19.2 billion allocated for R&D and $4.7 billion allocated for procurement. The total 2024 budget of $30 billion has grown from that of 2023 by 22%.

The French Space Command has an approved military space budget of $6.7 billion allocated for 2024-2030.

While large prime contractors continue to lead space capability deliveries, the defense sector is increasingly engaging small businesses.

The defense forces’ intent to reinforce their space-based deterrence will intensify moving forward, resulting in the next arms race being established in the space domain.