U.S.-Japan missile development project to cost over $3 billion

May 3, 2024

Kyodo News

The United States and Japan have estimated the total cost of jointly developing a new type of missile capable of intercepting hypersonic weapons will exceed $3 billion, a Defense Department official said Thursday.

Of the total, Japan will allocate $1 billion to the Glide Phase Interceptor project, according to the official from the U.S. Missile Defense Agency. 

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