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Nuclear upgrade costs $700 billion over next 25 years, think-tank study estimates
The U.S. will face a “bow wave” of increased costs to update its nuclear arsenal, but operating budgets could thereafter return to levels comparable to today's, according to a new study released by a Washington, D.C. think tank.
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Slashing Nukes Won’t Save Much $$: CSBA
Nuclear weapons are expensive. So are the bombers, missiles, andsubmarines used to deliver them. But in the context of total defense spending, budget guruTodd Harrison argues, they’re a relatively affordable — and strategically critical — part of our armed forces.
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New estimates put cost of US nuclear weapons upgrade at $963 billion
President Barack Obama’s plans to modernize the U.S. nuclear arsenal over the next 30 years could cost taxpayers nearly $1 trillion, according to a new study that suggests the project’s long-term price tag will far outpace available Pentagon estimates.
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Announcement of B3 bomber companies likely to reshape defense industry
In a few weeks, the Pentagon will announce the companies picked to develop America’s next bomber jet, sparking a budget war that will last for years and reshape the defense industry, experts say.
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Todd Harrison: Nothing’s Unaffordable in the Defense Budget If You Really Want to Buy It
The Defense Department's nuclear forces arsenal is getting a close look for affordability. Think tanks like the Government Accountability Office and even the Pentagon itself are all looking at how much money the agency should spend on nuclear stock. Todd Harrison is senior fellow for defense budget studies at the Center for Strategic and Budgetary Assessments. He tells In Depth with Francis Rose why he thinks it's important to look at nuclear forces in the context of the whole weapons inventory.
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Admiral: Carrier gap in Persian Gulf hinders war effort
WASHINGTON — A rare gap in the presence of a U.S. aircraft carrier in the Persian Gulf this fall could hinder military capabilities in the war against the Islamic State, the Obama administration’s nominee to lead the Navy told the Senate Thursday.