top
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.
Read full story on BBC News →
More top stories
Also covered by
The Hill
CBO estimates Golden Dome will cost $1.2 trillion over 20 years
NY Times
Trump’s ‘Golden Dome’ Missile Defense Plan Could Cost $1.2 Trillion
The Hindu
Trump's proposed ‘Golden Dome’ estimated to cost $1.2 trillion, far more than he initially said
The New Yorker
Why Trump’s Spiritual Adviser Dedicated a Golden Statue to the President
Aggregated and edited by the Scoop newsroom. We surface news from BBC News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop