Growing Importance of Space-Based Missile Defense and Outlook for Increased Defense Budgets
MDA MDA Space Ltd
$29.00 -4.13%
View chart & analysis → - 1The CEO of MDA Space stated that satellites play a critical role in missile detection, tracking, and interception.
- 2Donald Trump is planning a $185 billion scale ballistic missile interception system (Golden Dome).
- 3Donald Trump has called for increasing the U.S. defense budget target to $1.5 trillion by 2027.
So what's the key point?
As satellites become very important for stopping missiles, the U.S. defense budget is expected to increase. Donald Trump is planning a $185 billion missile defense plan.
Source CNBC · View original ↗
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