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Friday, June 26, 2015

Pentagon Says It Needs $270 Billion to Upgrade Nuclear Arsenal

LGM-30 Minuteman III ICBMThe United States will need to spend as much as $18 billion per year for 15 years starting in 2021 to keep the nation's nuclear stockpile and the weapons and vehicles designed to deliver these weapons viable, Pentagon leaders told lawmakers.

"We've developed a plan to transition our aging system. Carrying out this plan will be an expensive proposition. It is projected to cost DoD an average of $18 billion a year from 2021 through 2035," Deputy Defense Secretary Bob Work told members of the House Armed Services Committee at Thursday's hearing on nuclear deterrence.

"The only existential threat to our nation is a nuclear attack. Nuclear weapons remain the most important mission we have," he added.

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