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Spain air focus: Demand builds with $19.7 billion up for grabs in unawarded contracts

29th January 2026 - 11:31 GMT | by Lucy Powell, Isolde Hatgis-Kessell in London, UK

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Spain has recently committed to procure more Eurofighter aircraft as part of its Halcon II programme. (Photo: Airbus)

Despite Spain’s modest GDP spend on defence, the country still has a range of fixed-wing and UAV programme requirements as yet unawarded, with a potential US$3.10 billion set to be spent over the next decade.

Spain’s defence spend, while modest for a NATO alliance member, is on the rise with several forecast procurement programmes still in the pipeline for the country.

With a total expenditure estimate of US$45.14 billion, Shephard Defence Insight forecasts that the country still has significant air domain uncontracted spend at a value of $19.7 billion in unawarded or forecast contracts.

While Spain stands apart from the rest of its NATO allies, which have each pledged to spend up to 3.5% of GDP on defence by 2027, the country is still committed to reinforcing efforts to modernise its armed forces and guarantee

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Lucy Powell

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Lucy Powell


Lucy Powell is Shephard’s Air Reporter. An award-winning journalist with over four years in …

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Isolde Hatgis-Kessell

Author

Isolde Hatgis-Kessell


Isolde Hatgis-Kessell is the Air Analyst for Shephard Media's Defence Insight. Isolde holds a bachelor's …

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