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Defense costs surge as missiles and bombers grow in price
An NEA report by Peter Edson notes the Defense budget rising from 4 billion in 1955 to an estimated 11 or more billion by 1960 and beyond. It highlights costs for missiles, atomic stockpiling, military aid, and multiple aircraft programs including B 52 and B 70 series, stressing the budget impact on the US economy and manpower.
MENTIONED IN THIS ARTICLE
Lane
Peter Edson
Washington
Nea
Congress
U.S