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The Long-Term Implications of Current Defense Plans: Detailed Update for Fiscal Year 2005
September 2004
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Figure 3-30 Updated.
Past and Projected Investment Spending for Missile Defense
(Billions of 2005 Dollars of Total Obligational Authority)

Graph
 
 
  • This chart updates Figure 3-30 of CBO's January 2003 study. In CBO's projection, total investment in missile defense peaks in 2012 at about $15 billion and then decreases as systems finish procurement and become operational. If costs grow as they have historically, however, pursuing the programs in CBO's missile defense projection would cost an additional $4 billion a year, on average, peaking at about $19 billion in 2012.


  • The Missile Defense Agency is scheduled to deploy the Initial Defense Capability (IDC) of the Ground-Based Midcourse Defense (GMD) system by the end of the calendar year. CBO assumes that the IDC will be expanded subsequently with the deployment of additional interceptors and radars.


  • CBO also assumes that DoD will deploy the Space Tracking and Surveillance System (STSS) by 2018. STSS will support missile defense activities with a 27-satellite constellation of space-based infrared sensors in low-Earth orbit.


  • DoD has begun developing a boost-phase KEI system. The initial ground-based KEI system is slated to be fielded by 2014, with a follow-on system deployed by 2020.


  • The Airborne Laser (ABL) boost-phase system will consist of a high-energy chemical laser mounted in a Boeing 747 aircraft. CBO's projection assumes that seven ABL aircraft will be purchased through 2016.


  • CBO's projection also includes the planned purchases of the Patriot Advanced Capability 3 (PAC-3) short-range missile defense system, as well as the eventual procurement of the Terminal High Altitude Area Defense (THAAD) System.


  • CBO also projects that DoD will deploy an intermediate-range, sea-based missile defense system after 2010 using the Navy's Aegis cruisers and Standard Missile 3 (SM-3) interceptors.

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