Defense Acquisition Decision Nears on Medium Extended Air Defense System, Report to the Chairman, Subcommittee on Military Research and Development Committee on National Security, House of Representatives [open pdf - 996KB]
"The Department of Defense (DOD) entered into an international agreement with Germany and Italy to acquire the Medium Extended Air Defense System (MEADS), a system that would defend maneuver force assets from theater ballistic and cruise missiles and various manned and unmanned aircraft. As you requested, we reviewed the MEADS program. Specifically, this report (1) discusses the unique capabilities that MEADS will add to U.S. air and missile defense, (2) evaluates the development cost of MEADS and its affordability within the expected ballistic missile defense budget, and (3) assesses the impact that international development will have on MEADS cost and capability."
Government Accountability Office (GAO): http://www.gao.gov/