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Orbital Sciences Corp. Message Board

  • baconcc baconcc Mar 16, 2013 11:57 AM Flag

    REASON: Pentagon to Add Missile Interceptors to Deter North Korea {Interceptors Built by Orbital}

    Secretary of Defense Chuck Hagel said the U.S. will add 14 interceptors to the 30 in its missile defense system by fiscal 2017, sending a signal to North Korea after the totalitarian regime threatened nuclear strikes.

    The ground-based system has interceptors built by Orbital Sciences Corp. topped by hit-to-kill warheads from Raytheon Co. (RTN) Boeing Co. (BA) manages the $34 billion system that now has 26 interceptors at Fort Greely, Alaska, and four at Vandenberg Air Force Base in California.

    The 14 added interceptors will be located in Alaska and will cost $1 billion, which the Pentagon will request in its fiscal 2014 budget, according to James Miller, under secretary of defense for policy.

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