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Libya no-fly zone cost could hit $1 bln in months

March 24, 2011 1 comment

reuters.com

WASHINGTON, March 22 (Reuters) – The no-fly zone over Libya could end up costing the Western coalition more than $1 billion if the operation drags on more than a couple of months, defense analysts say.

Zack Cooper, a senior analyst at the Center for Strategic and Budgetary Assessments, said the initial cost of eliminating Libyan leader Muammar Gaddafi’s air defenses was likely to be between $400 million and $800 million.

The expense of patrolling the no-fly zone once it is established is likely to be $30 million to $100 million a week, he said.

The U.S. military has no official cost figures yet for the operation, which has been going on less Read more…