Tuesday , November 5 2024
Home / Mike Norman Economics / Sputnik — Stop Poking the Dragon! China’s Hypersonic Missiles Can Reach US & UK in Blink of Eye, Netizens Say

Sputnik — Stop Poking the Dragon! China’s Hypersonic Missiles Can Reach US & UK in Blink of Eye, Netizens Say

Summary:
Remember when the US outspent the USSR and this was puportedly the cause of the collapse of the USSR? As they, what goes around comes around, i.e., karma is a bitch.Lockheed Martin's hypersonic AGM-183A ARRW ("Arrow") underwent an initial flight test in June 2019. On 27 May 2021, the defence contractor "successfully conducted a significant live fire hypersonic strike system test" of a Common Hypersonic Glide Body (CHGB). Several months later, on 4 October 2021, Lockheed Martin opened a hypersonic weapons factory in Courtland, Alabama.For its part, the Defence Advanced Research Projects Agency (DARPA) carried out a free flight test of the Hypersonic Air-breathing Weapon Concept (HAWC) on 27 September 2021. However, the crux of the matter is that the price tag of American hypersonic arms

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

Remember when the US outspent the USSR and this was puportedly the cause of the collapse of the USSR? As they, what goes around comes around, i.e., karma is a bitch.
Lockheed Martin's hypersonic AGM-183A ARRW ("Arrow") underwent an initial flight test in June 2019. On 27 May 2021, the defence contractor "successfully conducted a significant live fire hypersonic strike system test" of a Common Hypersonic Glide Body (CHGB). Several months later, on 4 October 2021, Lockheed Martin opened a hypersonic weapons factory in Courtland, Alabama.

For its part, the Defence Advanced Research Projects Agency (DARPA) carried out a free flight test of the Hypersonic Air-breathing Weapon Concept (HAWC) on 27 September 2021.

However, the crux of the matter is that the price tag of American hypersonic arms bites. The US Department of Defence (DoD) says that hypersonic missiles are "too expensive" and urges US defence contractors to cut the ultimate cost of the weapon.

"We need to figure out how to drive towards more affordable hypersonics", Under Secretary of Defence for Research and Engineering Heidi Shyu told reporters earlier this week.

Next thing you know the DOD and Pentagon will screaming, "Mint the coin, already!"

Sputnik International
Stop Poking the Dragon! China's Hypersonic Missiles Can Reach US & UK in Blink of Eye, Netizens Say

See also at SI
China Tested New Space Capability With Hypersonic Missile in August - Report


Also

The Chinese say they don't want an arms race but, hey, when a country that declares it self your adversary initiates a "space force," what is one to do?

Zero Hedge
"Astounding Progress" - China Tested Hypersonic Weapon That Flew Around The World
Tyler Durden
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.

Leave a Reply

Your email address will not be published. Required fields are marked *