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Trump's 'Golden Dome' to cost $1.2 tn, watchdog estimates
Key takeaways
- That figure is significantly higher than the initial sum of $175bn (£129.25bn) that had been earmarked.
- Acquisition costs alone would be over $1tn, including for the interceptor layers and a space-based missile warning and tracking system, the watchdog said in a report published on Tuesday.
- The "Golden Dome", which aims to encompass the US, is designed to counter aerial threats to the US, including ballistic and cruise missiles.
Why this matters: a developing story that could shape the day's news cycle.
Sareen Habeshian Getty Images President Donald Trump's futuristic "Golden Dome" missile defence system will cost about $1.2 tn (£882bn) to develop, deploy and operate over two decades, a new report from the nonpartisan Congressional Budget Office estimates.
That figure is significantly higher than the initial sum of $175bn (£129.25bn) that had been earmarked.
Acquisition costs alone would be over $1tn, including for the interceptor layers and a space-based missile warning and tracking system, the watchdog said in a report published on Tuesday.
Article preview — originally published by BBC News. Full story at the source.
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