If you don't upgrade your ship, you lose Jack for sure and I think somebody else. Then, depending on your choices when you assign squads, you can lose all your members and die yourself if their loyalty is low.
You can end the game with everybody surviving, everybody dying or anything in between.
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Maturity is knowing you were an idiot in the past. Wisdom is knowing that you'll be an idiot in the future. Common sense is knowing that you should try not to be an idiot now. - J. Jacques
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