Enter query terms separated by spaces.

Search for:
Display results by:
Search from:
 
through:
 

Pentagon Seeks 20-Percent Budget Increase for Missile Defense From Friday, January 30, 2004 issue.

Pentagon Seeks 20-Percent Budget Increase for Missile Defense


The U.S. Defense Department’s fiscal 2005 budget request includes an increase of almost 20 percent for missile defense funding, Bloomberg.com reported yesterday (see GSN, Jan. 28).

In its budget request, the Pentagon has asked for $9.2 billion for missile defense programs, an increase of $1.5 billion over what Congress approved for this year, according to Bloomberg.com. According to budget documents, about $677 million of the additional $1.5 billion would be new funding, with the rest being taken from money planned for later in the decade.

The additional funding is set to go toward purchasing components for 20 additional ground-based missile interceptors set to be deployed between 2006 and 2007, Bloomberg.com reported (see GSN, Jan. 22). The extra money will also be used to purchase 40 additional Standard Missile-3 interceptors between 2006-2007 (see GSN, Dec. 12, 2003) and a second precision tracking X-band radar (see GSN, Aug. 18, 2003), as well as for establishing an early warning radar at an overseas base still to be determined.

Over the next five years, missile defense spending is set to total $53 billion, up from the $49 billion estimated last February, according to Pentagon budget documents (Tony Capaccio, Bloomberg.com, Jan. 29). 

 

 


Back to top
   

 

About Newswire  |  Contact National Journal  |  Re-Use Guidelines

© Copyright 2008 by National Journal Group, Inc. The material in this section is produced independently for NTI by National Journal Group, Inc. Any reproduction or retransmission, in whole or in part, is a violation of federal law and is strictly prohibited without the consent of the National Journal Group, Inc. All rights reserved.