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General Category => Military/Defense News => Topic started by: rangerrebew on April 29, 2021, 11:21:54 am
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US Reportedly Plans to Spend Nearly $18 Bln on Missile Interceptor for Use Against North Korea, Iran
Military & Intelligence
17:13 GMT 28.04.2021Get short URL
The United States resumed its work on a missile defence shield in the early 2000s after withdrawing from the Anti-Ballistic Missile Treaty with Russia. Moscow responded by financing the creation of its hypersonic missile programme, meant to guarantee Russia’s ability to respond to any potential large-scale aggression.
The Pentagon plans to spend nearly $18 billion for the development, production and maintenance of a new class of missile interceptors to defend the United States against North Korean and Iranian missiles, Bloomberg has reported, citing defence contractor figures.
The contract – the largest of its kind to date by the Biden administration, promises defence giants Lockheed Martin and Northrop Grumman up to $13.1 billion for the design of the anti-missile missile –known as the ‘Next Generation Interceptor’. The anti-missile missiles are expected to operate by slamming into enemy missiles at high speeds to take them down.
https://sputniknews.com/military/202104281082752079-us-reportedly-plans-to-spend-nearly-18-bln-on-missile-interceptor-for-use-against-north-korea-iran/