03/28/2008 02:45 am ET Updated May 25, 2011

Pentagon's Attempt To Shoot Down Spy Satellite Could Cost $60M

The attempt by the U.S. Navy to use an anti-missile missile to shoot down a potentially hazardous satellite will cost between $40 million and $60 million, Pentagon officials told CNN on Friday.

The missile alone costs almost $10 million, Lt. Gen. Carter Ham said at a Pentagon briefing. He declined to give an overall cost estimate.

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