CBO Report: Trump's Golden Dome Missile Defense to Cost $1.2 Trillion
The Congressional Budget Office (CBO) has released a report estimating that former President Donald Trump’s proposed Golden Dome missile defense system would cost approximately $1.2 trillion over the next 20 years. This figure drastically exceeds Trump’s initial estimate of $175 billion, revealing a discrepancy of over $1 trillion. The project, originally campaigned as an Iron Dome-style shield for the entire United States, involves satellite-based interceptors and has drawn criticism from scientists and military officials regarding its feasibility and cost-effectiveness. The CBO warns that even at this staggering cost, the system would not be impenetrable and could be overwhelmed by large-scale attacks from peer adversaries like Russia or China. Despite these concerns, major defense contractors including Raytheon, Lockheed Martin, Northrop Grumman, and Anduril have already secured $3.2 billion in contracts. The report highlights significant strategic uncertainties and financial burdens associated with the ambitious defense initiative, which remains a key promise from Trump’s 2024 campaign.
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