Sign-up to receive weekly Defense email updates with news, commentary, photos, videos and more!
Focusing on the critical interplay of programs, policy, funding and operations to provide integrated intelligence and global perspective to defense and government leaders worldwide.
Aerospace Daily & Defense Report is relied upon for the latest, critical intelligence on programs, budgets and policies in defense, as well as military and civil space.
View an interactive map of U.S. missile defense sensor architecture.
Learn key principles for staying on scope, schedule and budget.
The EU mission spends $736 million to maintain 6 frigates year-around, plus aircraft? Now add NATO, China, Russia, India, South Korea, Japan, Australia, Saudi Arabia, Singapore, and the US and who wants to guess the total costs?The world is now spending well north of $2 billion in terms of supporting Somali anti-piracy naval and aircraft patrols. The extra insurance costs for 30,000 ships annually is no small number either. Even if the average ransom of every ship hijacked was $2 million, at 44 ships hijacked in 2009 we are only talking about $88 million - less than %5 of the costs being spent to protect shipping.
Copyright © 2013, Penton