Pentagon spent $550 mn so far on Libya action

Pentagon says military intervention in Libya cost US about $550 million.

Updated: Mar 29, 2011, 23:26 PM IST

Washington: The Pentagon says the military
intervention in Libya has cost the United States about USD 550
million so far, mostly for bombs and missiles.

The accounting released today by the Defence
Department is the first official figure on the US price tag
for setting up the no-fly zone in the North African nation and
protecting civilians from Muammar Gaddafi.

Pentagon spokeswoman Navy Cmdr Kathleen Kesler says
the USD 550 million represents only the added cost to the
department as of yesterday, that is, money beyond what it
would have spent for troops and ships, which would have been
deployed somewhere else anyway.

She says about 60 per cent of that was for munitions
and the remaining for higher operating tempo of US forces and
the cost of getting them in place.

Bureau Report