President Trump launches $175 Billion ‘Golden Dome’ Missile Shield Initiative

Pratiksha Ghosh 

Washington, D.C., May 21 2025 : President Donald Trump has unveiled an ambitious missile defense strategy dubbed the Golden Dome, aimed at defending the United States from missile threats posed by adversaries such as China and Russia.

Announced at a White House press briefing, Trump introduced U.S. Space Force General Michael Guetlein as the lead figure overseeing the project, which is expected to include hundreds of satellites designed to detect, track, and intercept incoming missiles.

“The Golden Dome will protect our homeland like never before,” Trump stated .He also noted Canada’s interest in joining the effort, with Prime Minister Mark Carney’s office confirming ongoing discussions involving NORAD and related defense initiatives.

Inspired by Israel’s Iron Dome, the Golden Dome will be more expansive, combining surveillance satellites with offensive space-based platforms capable of neutralizing threats shortly after launch.

Though Trump has expressed his hope that the system would be fully operational by January 2029, defense analysts remain skeptical. 

The Congressional Budget Office recently estimated that the total cost could reach $831 billion over the next two decades.

The initiative has sparked political debate, particularly over the potential involvement of companies such as SpaceX, Palantir, and Anduril. Critics have raised concerns about procurement transparency and the growing influence of Silicon Valley in defense matters.

Senator Kevin Cramer, present at the announcement, emphasised the project’s break from traditional military contracting. “This is more about innovation than big metal,” he said.

Initial funding proposals include a $25 billion allocation as part of a larger $150 billion defense bill. However, the bill’s passage remains uncertain due to partisan divisions in Congress.

Despite these challenges, key defense firms like Lockheed Martin, L3Harris, and RTX Corp have already begun preparing for involvement. L3Harris, for instance, has invested $150 million in facilities supporting satellite development in Indiana.

The Pentagon is expected to begin testing various components soon, although full deployment will depend heavily on both congressional support and technological progress.