Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • Debbie Young
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • COVID-19
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Work to Make Money/Invest to Save Money
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool

USAF Seeks New ICBM in Troubling Nuclear Times

August 23, 2017 By Steve Schneider

The U.S. Air Force has awarded Boeing $349 million and Northrop Grumman $328 million in development contracts for America’s next intercontinental ballistic missile. The new missile will replace the aging Minuteman III ICBMs currently in service. The USAF will choose either Boeing or Northrop in 2020 for the final development phase. The USAF estimated, in 2015, that the total cost of the Ground Based Strategic Deterrent (GBSD) program to be around $62.3 billion over 30 years. The replacement effort will also include flight, command & control, and launch systems.

Boeing [NYSE: BA] will develop its preliminary design for America’s next intercontinental ballistic missile through a $349 million U.S. Air Force contract announced today.

Boeing and Northrop Grumman each received risk-reduction contracts for the Ground Based Strategic Deterrent program, which will replace the Minuteman III ICBM. In 2020, the Air Force will choose one company to develop the new land-based element of America’s nuclear triad. Missiles launched from submarines and aircraft are the other elements of the triad.

“Since the first Minuteman launch in 1961, the U.S. Air Force has relied on our technologies for a safe, secure and reliable ICBM force,” said Frank McCall, Boeing director of Strategic Deterrence Systems and GBSD program manager. “As the Air Force prepares to replace the Minuteman III, we will once again answer the call by drawing on the best of Boeing to deliver the capability, flexibility and affordability the mission requires.”

Boeing’s work will be done in Huntsville, Ala.; Ogden, Utah; Heath, Ohio; and other locations.

The Minuteman III replacement effort will include flight, command and control, and launch systems. The Engineering and Manufacturing Development phase of the program will be awarded to one company in 2020.

Source: Boeing

 

Related Posts

  • Worldwide Nuclear Energy Update
  • Obama’s Nuclear Deal Empowered Soleimani
  • Reid's Nuclear Option
  • Author
  • Recent Posts
Steve Schneider
Steve Schneider is a weapons specialist for Richardcyoung.com. He is our website and graphic design specialist for Youngsworldmoneyforcast.com, Richardcyoung.com, and Youngresearch.com. Steve customizes and creates all of the images and political cartoons on our websites.
Latest posts by Steve Schneider (see all)
  • Dragon Tours Open for Business - February 7, 2023
  • Chinese Spy Balloon Traveling Over Sensitive U.S. Sites - February 3, 2023
  • Hypersonic Scramjet Powered Cruise Missile Aces Its Final Test - February 2, 2023

Dick Young’s Must Reads

  • Boom—Your Life Changes
  • Joel Salatin: Meet the Real Mr. America
  • Marry Compound Interest, Divorce Market Timing
  • Sen. Hawley Makes the Case Against U.S.-China Relationship
  • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Americans Fleeing High Tax States for Growth Corridors
  • Florida: Enjoy Certain Freedoms and Individual Liberties
  • Biden Wants to Gut the Tax Benefit of 401K Plans
  • The Three Best Retirement Decisions I Ever Made
  • The County Sheriff: America’s Last Hope

Disclosure

RSS Youngresearch.com

  • “You Just Have to Be Willing to Move Defensively”
  • Americans Are Fleeing Bank Deposits
  • If You’re a Highly Effective Person, We Should Talk
  • Trouble Now Brewing at Deutsche Bank
  • Is Vanguard Voting Against Your Political Beliefs?
  • Are 0DTE Options a Threat to Markets?
  • “I Need Preservation of Principal and Growth”
  • Are You Fairly Wealthy? I’m Listening
  • Treasury Studying How to Increase Deposit Insurance
  • Your Survival Guy’s BEST Insider’s Guide to Key West

RSS Yoursurvivalguy.com

  • “You Just Have to Be Willing to Move Defensively”
  • Did SVB Fail Because of Climate Change?
  • If You’re a Highly Effective Person, We Should Talk
  • What’s Happening to Charles Schwab?
  • Prepare for the Predictable
  • Is Vanguard Voting Against Your Political Beliefs?
  • Call It the Difference between Normal and Crazy
  • “I Need Preservation of Principal and Growth”
  • DEMOCRATIC SENATOR: Biden’s ESG Veto “Absolutely Infuriating”
  • Are You Fairly Wealthy? I’m Listening

The PRC Aims to Make Taiwan a Pariah Nation

“You Just Have to Be Willing to Move Defensively”

Donna: The Queen of Louie’s Backyard, Key West

Biden’s Fake Democracy Summit: Hungary and Turkey Snubbed

Freefalling at Stanford

If You’re a Highly Effective Person, We Should Talk

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives