$200 billion: the colossal cost of golden dome, missile shield wanted by Trump, calculated by Congress

The “Golden Dome” antimissile system proposed by Donald Trump could cost around 1.2 trillion dollars over 20 years, as estimated by the Congressional Budget Office on Tuesday, May 12.

In 2025, the US president announced plans to develop an antimissile shield based on the Israeli “Iron Dome” model and have it operational before the end of his term in 2029, with a total cost of approximately 175 billion dollars.

However, many experts at that time criticized the project as unrealistic and redundant given the existing antimissile defense systems in the US.

According to a report from the Congressional Budget Office, a national antimissile defense system meeting Trump’s specifications would cost approximately 1.2 trillion dollars to develop, deploy, and operate over 20 years, with the space component representing nearly 60% of the total costs.

Similar to Ronald Reagan’s Strategic Defense Initiative or “Star Wars” program in the 1980s, the “Golden Dome” aims to position interceptor satellites in space to quickly destroy any intercontinental ballistic missiles targeting the US territory.

Last year, both China and Russia strongly opposed Donald Trump’s project.

Context: – The “Golden Dome” is a proposed antimissile defense system by Donald Trump that is expected to cost a significant amount over a span of 20 years. Fact Check: – The article mentions the opposition from China and Russia towards the project proposed by Donald Trump.