DoD Estimates New Missile Defense Program To Cost $17.7B
NGI kicked off in 2019 after the cancellation of an earlier $5.8 billion plan to replace the existing Exo-Atmospheric Kill Vehicle, which defends the US mainland against long-range ballistic missile attacks.
By PAUL MCLEARYon April 27, 2021
WASHINGTON: The Pentagon has a fresh estimate for how much its new ballistic missile defense program will cost over the next decade-plus, now that the department’s Cost Assessment and Program Evaluation office has wrapped up its review of the effort.
The Next Generation Interceptor, designed to shoot down missiles launched at the United States from North Korea and Iran, should run about $17.7 billion to develop, field, and maintain 21 interceptors in the coming years, CAPE said today. The program was approved by the DoD in March when it awarded developmental contracts to Lockheed Martin and Northrop Grumman.