Rocketing Costs

WOULD YOU PAY MILLIONS OF DOLLARS FOR SOMETHING YOU don't need, don't want and won't use? If you're an American taxpayer, you may have no choice. Israel has staged a successful rocket launch with its ARROW anti-tactical missile system, a feat that will help bolster arguments that U.S. funding of the Israeli / project should continue. To strengthen Israel's security, the U.S. has spent $126 million on the Arrow and plans to pick up two-thirds of the projected $322 million in future development costs. The U.S. has no plans to purchase the system for itself, but when the rockets go into...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!