Trump Announces Golden Dome System (Full Remarks)
May 20, 2025
27,938
545
310
3.06%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg Podcasts Episodes Around May 20, 2025
See what was published immediately before and after this episode.
21:42Now PlayingTrump Announces Golden Dome System (Full Remarks)
YouTube Description
as posted by the channelPresident Donald Trump vowed that a “Golden Dome” missile-defense shield should be “fully operational” by the end of his term, saying it would be able to protect the US from threats including ballistic missiles, hypersonics and advanced cruise missiles.
“We will truly be completing the job President Reagan started 40 years ago,” Trump said in the Oval Office, in reference to Ronald Reagan’s unfulfilled quest for a space-based missile defense system, widely known as “Star Wars.”
Trump’s vow is an ambitious goal given that much of the technology around a missile-defense system remains unproven, especially plans for space-based interceptors to knock down incoming ballistic missiles. Congress is seeking $25 billion to begin work on the system and Trump said it could cost $175 billion overall. Trump has selected what he called an “architecture” for the system, without specifying what that was, and said it would include “next generation technologies across the land, sea and space.” He appointed Space Force General Michael Guetlein to oversee its development, and said Canada wanted to be part of the program. Details of the plan aren’t clear but the Pentagon earlier developed draft plans for the air and missile defense system in response to Trump’s Jan. 27 executive order calling for the creation of the system. The idea has garnered intense interest from defense companies given the billions of dollars that will need to be spent to develop it.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.