Reported 22 days ago
Australia has annulled a multi-billion dollar military satellite program with Lockheed Martin, opting instead for a multi-orbit system to enhance national defense. The Australian Department of Defence stated that advancements in space technology and evolving threats have prompted this decision, asserting that a single geostationary satellite system would not align with strategic priorities. Despite the cancellation, Australia plans to allocate between A$9-12 billion for future space capabilities.
Source: YAHOO