Trump's 'Golden Dome' to cost $1.2 tn, watchdog estimates

Trump's 'Golden Dome' to cost $1.2 tn, watchdog estimates17 minutes agoShareSaveAdd as preferred on GoogleSareen HabeshianGetty ImagesPresident Donald Trump's futuristic "Golden Dome" missile defence system will cost about $1.2 ​tn (£882bn) to develop, deploy and operate over two decades, a new report from the nonpartisan Congressional Budget Office estimates.That figure is significantly higher than the initial sum of $175bn (£129.25bn) that had been earmarked.Acquisition costs alone would be ⁠over $1tn, including for the interceptor layers and a space-based missile warning and tracking system, the watchdog said in a report published on Tuesday.The "Golden Dome", which aims to encompass the US, is designed to counter aerial threats to the US, including ballistic and cruise missiles.Can Donald Trump build the 'Golden Dome' over the US? Just days after returning to the White House in January, Trump unveiled his plans for the system, aimed at countering "next-generation" aerial threats.He said last year that the programme would require an initial investment of $25bn, with a total cost of $175bn over time.Democratic Senator Jeff Merkley, who requested the estimate in the report, said on Tuesday: "The President's so-called 'Golden Dome' is nothing more than a massive giveaway to ​defense contractors paid for entirely by working Americans."The BBC has contacted the White House and the Pentagon for comment.There have been doubts about whether the US will be able to deliver a comprehensive defence system for such a huge land mass.Officials have warned that existing systems have not kept pace with increasingly sophisticated weapons possessed by potential adversaries.The new Congressional Budget Office report warned that the system could be "overwhelmed" by a full-scale attack mounted by Russia or China.An executive order calling for the creation of what was initially termed the &qu...