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National News
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Title: The Pentagon plans to spend almost $18 to stop incoming missiles
Source: [None]
URL Source: https://anti-empire.com/americas-pl ... st-31-surface-to-air-missiles/
Published: May 4, 2021
Author: Mike Rivero
Post Date: 2021-05-04 14:17:44 by Horse
Keywords: None
Views: 122
Comments: 2

The Pentagon plans to spend almost $18 billion to develop, produce and support its new interceptor to stop incoming nuclear missiles from North Korea or Iran, the first major defense procurement award of the Biden administration, according to newly released figures.

Teams led by Lockheed Martin Corp. and Northrop Grumman Corp. will receive between them as much as $13.1 billion in the development phase of the Next Generation Interceptor. Their competition will culminate in a winner-take-all selection process following a “critical design review” — possibly by 2026 — leading to the construction of as many as 31 new interceptors, including 10 for testing.

The production phase is estimated to cost $2.3 billion, with long-term support costs totaling another $2.3 billion, according to estimates prepared by the Pentagon’s independent cost assessment unit.

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#1. To: Horse (#0)

The production phase is estimated to cost $2.3 billion, with long-term support costs totaling another $2.3 billion, according to estimates prepared by the Pentagon’s independent cost assessment unit.

Does that include the standard cost-overrun mark up that all defense contracts qualify for?

Of course, $18 billion is chump change compared to the non-covid relief bill.

Pinguinite  posted on  2021-05-04   16:15:48 ET  Reply   Trace   Private Reply  


#2. To: Pinguinite (#1)

Don't worry, it will be 10 times that before they're thru.

_____________________________________________________________

USA! USA! USA! Bringing you democracy, or else! there were strains of VD that were incurable, and they were first found in the Philippines and then transmitted to the Korean working girls via US military. The 'incurables' we were told were first taken back to a military hospital in the Philippines to quietly die. – 4um

NeoconsNailed  posted on  2021-05-04   16:52:20 ET  Reply   Trace   Private Reply  


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