ICBM vs FOBS (Fractional Orbital Bombardment System)

Most people know about ICBMs, but few have heard of FOBS (Fractional Orbital Bombardment System). What is FOBS, why was it invented, and why did it become obsolete?

2005 Air Force Magazine article on FOBS: https://www.airforcemag.com/article/0605fobs/

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