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Russia’s new hypersonic weapon becomes operational

Summary:
The US is two or three years behind. Russian Defense Minister Sergei Shoigu confirmed Friday that the Avangard, the country's new intercontinental hypersonic weapon, became operational and entered combat duty, per the AP. Why it matters: Russian President Vladimir Putin has emphasized that Russia is the only country armed with hypersonic weapons. He also has compared the success of the Avangard's development to the Soviet Union's first satellite launch in 1957. Axios Russia's new hypersonic weapon becomes operational

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The US is two or three years behind.

Russian Defense Minister Sergei Shoigu confirmed Friday that the Avangard, the country's new intercontinental hypersonic weapon, became operational and entered combat duty, per the AP.

Why it matters: Russian President Vladimir Putin has emphasized that Russia is the only country armed with hypersonic weapons. He also has compared the success of the Avangard's development to the Soviet Union's first satellite launch in 1957.

Axios

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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