Missile Defense Costs To Soar $5B A Year: CBO

January 19, 2021

Breaking Defense:

 

Pentagon investment in missile defense, from 2020 through 2029, may total a whopping $176 billion, says the Congressional Budget Office (CBO) in a new study. This estimate represents a $50 billion increase from CBO’s previous 2017-2026 missile defense cost review — or $5 billion per year.

That 10-year estimate does not include the costs of new DoD efforts to track and defend against hypersonic missiles, however, because CBO could not find enough data to do so, the study, “Costs of Implementing Recommendations of the 2019 Missile Defense Review,” finds.

Instead, that 10-year estimate only covers DoD missile defense programs included in the 2020 budget request. Where possible, CBO estimated additional costs that would stem from the Trump administration’s 2019 Missile Defense Review, as mandated by Congress in the 2019 National Defense Authorization Act (NDAA)…

 

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