The Office of the Secretary of Defense projects the military's new intercontinental ballistic missile system -- the Ground Based Strategic Deterrent -- will cost $264 billion over its life cycle, which could extend into the 2070s, Air Force spokesman Capt. Joshua Benedetti confirmed in a statement to Inside Defense today. The new $264 billion figure, which Bloomberg News first reported, is less than 1% higher than a previous life-cycle cost projection in 2016 when the GBSD team began...
