US agency forecasts cost for missile defense plans over next decade
January 19
A threat-representative ICBM target launches from the Marshall Islands on March 25, 2019. It was successfully intercepted by two long-range Ground Based Interceptors launched from Vandenberg Air Force Base, Calif., in the first salvo test of GBIs. (Courtesy of the U.S. Missile Defense Agency)
WASHINGTON — The Pentagon could be poised to spend $176 billion over 10 years if it carries out plans informed by the Missile Defense Review published in 2019, which is roughly 40 percent higher than previous budget projections made by the agency that provides budget information to Congress.
The Congressional Budget Office released a report Jan. 14, as required by the fiscal 2019 National Defense Authorization Act, that attempts to estimate the 10-year costs of implementing recommendations in the MDR.