Europeans have developed a wariness of relying on U.S. space tech, but the U.S. is light years ahead of its Old World cousins in the emerging space sector.
The latest ranking from the Stockholm International Peace Research Institute (Sipri) shows the Ukraine war looms large over how the arms market has evolved.
European Commission President Ursula von der Leyen said in Brussels on March 4 that the proposed loans were part of a new initiative called ReArm Europe.