U.S. Expands Golden Dome Cost Estimate to $185 Billion, Enlists Top Defense Firms

BREAKING NEWS

Reuters

 

The price tag for the Golden Dome missile ​defense shield has grown to $185 billion, up $10 billion, to accelerate key space-based ‌capabilities, the program’s director said on Tuesday, adding that Lockheed Martin (LMT.N), opens new tab, RTX (RTX.N), opens new tab and Northrop Grumman (NOC.N), opens new tab have joined as prime contractors.

Golden Dome envisions expanding ground‑based defenses such as interceptor missiles, sensors and command‑and‑control systems while ​adding space‑based elements meant to detect, track and potentially counter incoming threats from ​orbit. These would include advanced satellite networks and still‑debated weaponry in orbit.

We ⁠were asked to accelerate some space capabilities,” Golden Dome’s manager, Space Force General Michael ​Guetlein, told the McAleese Defense Programs Conference in Arlington, Virginia. He identified three programs that ​would benefit from the additional funding: the Advanced Missile Tracking Initiative, a space data network, and the Hypersonic and Ballistic Tracking Space Sensor, known as HBTSS.

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