Precision proton spectrometers for CMS

We plan to add high precision tracking- and timing-detectors at z = +/- 240 m to CMS to study exclusive processes p + p -- p + X + p at high luminosity. This enables the LHC to be used as a tagged photon-photon collider, with X = l+l- and W+W-, and as a "tagged" gluon-gluon collider (with a spectator gluon) for QCD studies with jets. A second stage at z = 240 m would allow observations of exclusive Higgs boson production.