MDA tallies $226 billion tab for current project portfolio; cuts SM-3 Block IIA, boosts THAAD

By Jason Sherman / October 4, 2022 at 2:30 PM
The Defense Department has formally recalibrated the price tag for the Missile Defense System, dialing the total acquisition cost up to $226 billion, a $23 billion hike compared to the last formal accounting provided to Congress two years ago that doesn't necessarily reflect cost growth. The new figure is set forth in the Selected Acquisition Report for the Ballistic Missile Defense System, the collection of Army, Navy, Air Force, Space Force and Missile Defense Agency projects that aims to counter...

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