U.S. President Barack Obama’s 2015 budget request could include as much as $560 million over the next five years to develop a new ballistic missile defense kill vehicle.

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Mike Gruss is the chief content and strategy officer at SpaceNews. From 2013 to 2016 he was a senior reporter at SpaceNews covering military space. Previously, he was editor in chief of Sightline Media Group and worked as a reporter and columnist for...