As North Korea Threat Grows, U.S. Anti-Missile Warhead Stumbles

June 7, 2019

Bloomberg:

Raytheon Co.’s project to develop a new interceptor warhead for the U.S.’s ground-based missile defense system is estimated to increase in cost by almost $600 million because of “major design concerns” since the contract was awarded, according to congressional auditors.

The company received a $1 billion contract in May 2017 for the project, which is unsuccessful so far and at least two years behind schedule, the Government Accountability Office said in a report issued Thursday.

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Curtis Stiles - Chief of Staff