Pentagon estimates cost of new nuclear missiles at $95.8B

Associated Press (10/20/2020)
  • The Pentagon estimates it will cost the US $95.8 billion to replace its fleet of land-based nuclear missiles.
  • The current 400 missile Minuteman 3 nuclear arsenal has been operational for 50 years.
  • Each missile is armed with a single warhead and resides in silos underground Montana, North Dakota, Colorado, Wyoming and Nebraska.
  • The replacement cost is significantly higher than the $10 billion estimate 4 years ago.
  • The nuclear modernization program started under Obama; if elected, Biden has said he’ll consider scaling it back.