Chief Executive Officer Kathy Warden said that despite cost growth for the company’s Sentinel ICBM program, the company’s “near-term assumptions” of its sales and profitability are not “materially impacted.”
The Minuteman III replacement’s costs ballooned by 37 percent and will take about two years longer than expected as officials reportedly discover hidden complications of silo construction.
Kendall also expressed concern about the effects of a likely continuing resolution on key programs, including the Advanced Battle Management System and the Joint Advanced Tactical Missile.
As officials described how they'll spend billions on America's nuclear arsenal and presented rosy outlooks, California's Rep. John Garamendi retorted, "The fact of the matter is every single one of these systems are behind schedule and over budget, every single one of them."
According to the Congressional Research Service, due to its modular design and increased throw weight, the Sentinel ICBM could be equipped "with two or three warheads to meet the international security environment."
The scale of the silo conversion effort is something the Air Force nuclear complex hasn't seen in "over 50 or 60 years," Lt. Gen. James Dawkins, deputy chief of staff for strategic deterrence and nuclear integration, said today.