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President Trump is set to announce more details on the new missile defense initiative known as the “Golden Dome” today.

Some shit you should know before you read: The Golden Dome, an idea first floated by Trump on the campaign trail and formalized in an executive order once he came into office, is envisioned as a next-generation missile defense system designed to shield the entire United States from missile attacks. Unlike existing systems that rely primarily on ground-based interceptors, the Golden Dome would integrate a vast network of sensors and interceptors in space, capable of detecting and neutralizing threats at every stage of flight—before launch, during boost, midcourse, and terminal descent. The system would use hundreds to potentially thousands of satellites for early detection and tracking, while a smaller fleet of armed satellites could destroy incoming missiles using kinetic interceptors or directed energy weapons.

Golden dome

What’s going on now: First reported by Fox News, the upcoming announcement by President Trump will formally unveil the Golden Dome missile defense project, with an initial $25 billion earmarked in his proposed defense spending bill. The announcement, expected to be made from the Oval Office alongside Defense Secretary Pete Hegseth and Space Force Vice Chief Gen. Michael Guetlein, will lay out the Pentagon’s recommended architecture and implementation plan for the system.

While the $25 billion represents only a fraction of the overall projected cost, which the Congressional Budget Office estimates could reach over $500 billion across two decades, it marks a significant initial investment in what Trump has described as a top national security priority.

Included in the announcement will be confirmation that Gen. Guetlein will lead the program’s development, overseeing the integration of both existing and new technologies.

This comes as the Defense Department has received interest from more than 180 companies, and several major defense contractors are already positioning themselves as key players. Among the frontrunners is a partnership between SpaceX, Palantir, and Anduril.

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