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Ballistic Missile Defense FY ’14 Budget Requests $9.2 billion

The Obama administration’s missile defense priorities in the fiscal year 2014 budget total some $9.2 billion, which includes $7.6 billion for the Missile Defense Agency (MDA), while making key changes to support tighter budgets and address emerging threats. The Defense Department wants to termination of the Precision Tracking Space System (PTSS) program--a reduction of $272 million--and restructure the Standard Missile-3 Block IIB (SM-3 IIB) program. Cost and risk associated with the PTSS concurrent acquisition strategy and long term fiscal sustainability…

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