Sales pitch video: https://www.youtube.com/watch?v=q8hkpQ8ujyM
The dumbed-down version: https://www.youtube.com/watch?v=SiJWBszuq-c
Detailed procurement history: http://www.defenseindustrydaily.com/jlens-coordinating-cruis...
Tethered radar blimps aren't new. One of them provided the first warning of the invasion of Kuwait in 1990. (http://www.tcomlp.com/aerostat-system-kuwait/) That system had just been installed, and hadn't even been turned over to the Kuwaiti military, what there was of it, yet. A radar operator from TCOM, the manufacturer, detected a big group of approaching tanks. They called in a warning. Unlike Pearl Harbor, it wasn't ignored; the Kuwaiti royal family immediately left the country, escaping the invasion.
The JLENS system, unlike older systems, has fire-control capability. That means it has not just a surveillance radar, but can lock onto targets and direct weapons. The real question to ask is what weapons systems are being installed in the Washington area for it to direct. There's no point in having fire-direction capability without weapons to direct.
There is an optical surveillance add-on for JLENS, but it's supposedly not on the Washington area blimp.
It's surprising this is going up now. I would have expected something like this to have been deployed around November 2001.