Stock of the United States’ largest defence contractor Lockheed Martin was downgraded to Hold from Buy at Deutsche Bank by 14.5 percent, with a price target of $523
F35 was an attempt to make something better, and after over a trillion dollars being poured into the project over many years, it’s an unmitigated disaster.
No, it was an attempt to make something stol and cheaper, and it succeeded after billions of extra dollars and an extra decade. NGAD is supposed to be the all around better replacement.
You can keep repeating that it succeeded till you’re blue in the face, but the reality is that it’s far from a successful platform. It’s highly unreliable, and it needs a ton expensive of maintenance. It’s the opposite of what you want in a weapon which is to be cheap, reliable, and easy to service. It’s a toy.
F35 was an attempt to make something better, and after over a trillion dollars being poured into the project over many years, it’s an unmitigated disaster.
No, it was an attempt to make something stol and cheaper, and it succeeded after billions of extra dollars and an extra decade. NGAD is supposed to be the all around better replacement.
You can keep repeating that it succeeded till you’re blue in the face, but the reality is that it’s far from a successful platform. It’s highly unreliable, and it needs a ton expensive of maintenance. It’s the opposite of what you want in a weapon which is to be cheap, reliable, and easy to service. It’s a toy.
Expensive maintenance compared to what? Have you looked at the operations rates? It looks like F35 costs about the same per hour as the F15EX.
https://comptroller.defense.gov/Portals/45/documents/rates/fy2023/2023_b_c.pdf