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CBO: Missile Defense Spending To Peak At $15 Billion Yearly In Fiscal 2018

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Actual Missile Defense Outlays May Need To Be $4 Billion More Yearly Missile defense spending will peak at an annual rate of $15 billion in the fiscal year ending Sept. 30, 2018, before trending downward, according to the Congressional Budget Office (CBO), and the history of spending on major programs shows it might have to be $4 billion higher each year. "Carrying out current plans would cause total investment costs for missile defenses to peak in 2018 at about $15…

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