No, that's right wing spin. We spent $94M on this thing. Still absurd, but don't be misled by the spin campaign.
Also your math is off. A $10M price tag wouldn't be totally ridiculous. Consider the cost of a team of 50, including QA, design, product guys, engineers, management, lawyers, analysts, data entry, etc for a year. Add 30% to cover risk.
So, it's somewhere in the 10x too expensive region.