Wikipedia

Reuters: Pentagon plans hard look at missile defense programs

(Reuters) - The U.S. Defense Department has launched a major review of missile defense programs and capabilities, after military commanders called the current strategy "unsustainable" given tough budget pressures and rising threats around the world.

 Former Defense Secretary Chuck Hagel described the review in a Feb. 4 memo to top officers in the U.S. Army and Navy, a copy of which was obtained by Reuters.

 This year's review would also cover regional ballistic missile defense issues, the global reach of the U.S. Patriot missile defense system, and U.S. power projection capabilities.

Update #1: US Ballistic Missile Defense Costs Rise Nearly 6 Percent -- Sputnik
Update #2: Six Percent Rise In Cost Of US Ballistic Missile Defense Systems Program -- Defense World

WNU Editor: I call this laying the groundwork for cuts in the U.S. missile defense program.

More Updates:

Navy Officials: Current BMD Strategy ‘Unsustainable'; Greenert Asked Hagel for Review -- USNI
Missile Budget Cuts Threaten Defense Posture, Officials Say -- US Department of Defense
U.S. missile defense agency warns of "jeopardy" from budget cuts -- Reuters