Pentagon asks for less funding for missile defense in 2014

04/8/2013 | Bloomberg Businessweek

The Pentagon will seek $9.16 billion in the 2014 fiscal budget for missile defense programs, which represents around a $550 million drop in funding from the 2013 fiscal budget. "These repeated cuts are even more troubling given the advances in nuclear weapons and missile technology by the unstable regime in North Korea," said Rep. Mike Rogers, R-Ala.

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