AUSA 2019: Ballistic and cruise missile proliferation bolsters air defence funding
North American procurement spending on ground-based air-defence missile systems will reach nearly $40 billion over the next ten years, a new analysis by Shephard has discovered.
The funding level is driven by investments by the US Army and Missile Defence Agency (MDA) in the Patriot system, Terminal High Altitude Air Defence (THAAD) and Ballistic Missile Midcourse Defence.
Beyond the ground segment, the MDA will continue to invest in naval capabilities through Aegis and space-based programmes. There is also substantial effort going into supporting and enabling capabilities such as cyber, command and control, testing and on-going research and development.
The continually
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