Pentagon thinks USAF has underestimated cost of new ICBM program by billions of dollar

The U.S. Air Force’s plan to replace the LGM-30G intercontinental ballistic missile (ICBM) with a new missile has run into issues at the Pentagon as the Department of Defense thinks the flying branch had underestimated the cost of developing the new weapon by billions of dollars.

An unarmed U.S. Air Force LGM-30G Minuteman III intercontinental ballistic missile launches during an operational test at Vandenberg Air Force Base, Calif., Dec. 17, 2013 131217-F-MO145-001
By A1C Yvonne Morales [Public domain], via Wikimedia Commons

An anonymous official said there is a substantial gap between the cost estimate done by the air force and the office of independent cost assessment.

The uncertainty over costs stems from the fact that the U.S. has not built new ICBMs, which are designed to carry nuclear warheads, for decades, Bloomberg says.