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joema said:Did you mean $100 million? The expended SM-3 missile cost about $10 million, the overall effort inc'l software, relocation of ships and other assets, etc about $40-$60 million.
The satellite itself probably cost around $1 billion.
No, I meant Billion with a "B." To start with, $1B would hardly cover the overruns on this satellite. If the following report is true, this satellite was part of a $10B program, including $4-5B in overruns.
http://blog.wired.com/defense/2008/02/that-satellite.html
That's the cheap part. Now, let's count the cost of the missile defense program, of which the SM-3 is just a part. That individual $10M missile would not be there if not for the program that brought it into existence, and $100B is probably a lowball estimate.