Our atomic submarines have shattered endurance records and made historic voyages under the North Polar Sea.
A major segment of our national scientific and engineering community is working intensively to achieve new and greater developments. Advance in military technology requires adequate financing but, of course, even more, it requires talent and time.
All this is given only as a matter of history; as a record of our progress in space and ballistic missile fields in no more than four years of intensive effort. At the same time we clearly recognize that some of the recent Soviet accomplishments in this particular technology are indeed brilliant.
Under the law enacted last year the Department of Defense is being reorganized to give the Secretary of Defense full authority over the military establishment. Greater efficiency, more cohesive effort and speedier reaction to emergencies are among the many advantages we are already noting from these changes.
These few highlights point up our steady military gains. We are rightfully gratified by the achievements they represent. But we must remember that these imposing armaments are purchased at great cost.
National Security programs account for nearly sixty percent of the entire Federal budget for this coming fiscal year.
Modern weapons are exceedingly expensive.
The overall cost of introducing ATLAS into our armed forces will average $35 million per missile on the firing line.
This year we are investing an aggregate of close to $7 billion in missile programs alone.
Other billions go for research, development, test and evaluation of new weapons systems.