Belowland
  • Communities
  • Create Post
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
☆ Yσɠƚԋσʂ ☆ to Technology@lemmy.mlEnglish • 4 months ago

Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling

militarywatchmagazine.com

external-link
message-square
119
fedilink
39
external-link

Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling

militarywatchmagazine.com

☆ Yσɠƚԋσʂ ☆ to Technology@lemmy.mlEnglish • 4 months ago
message-square
119
fedilink
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
alert-triangle
You must log in or register to comment.
  • ☆ Yσɠƚԋσʂ ☆OP
    link
    fedilink
    -1•4 months ago

    They’re saying that the military might shift focus to development of 6th gen fighters to catch up with China.

    • @JohnDClay@sh.itjust.works
      link
      fedilink
      7•4 months ago

      But Lockheed is a front runner for that too.

      • halyk.the.red
        link
        fedilink
        7•4 months ago

        It’s in reference to international sales, I believe.

        • @JohnDClay@sh.itjust.works
          link
          fedilink
          3•4 months ago

          Why would they be impacted? What’s their competition?

          • halyk.the.red
            link
            fedilink
            5•4 months ago

            Not sure the specifics, but I wouldn’t be surprised if there were countries interested in a next generation fighter jet, and is capable of buying from either the US or China.

      • ☆ Yσɠƚԋσʂ ☆OP
        link
        fedilink
        -5•4 months ago

        I’m sure it’ll be just as successful at sucking up billions in taxes with nothing to show for it.

        • @JohnDClay@sh.itjust.works
          link
          fedilink
          1•4 months ago

          Have you seen their performance in Iran recently? They seem really good air to ground.

          • ☆ Yσɠƚԋσʂ ☆OP
            link
            fedilink
            1•4 months ago

            You mean when Israel aborted the bulk of their attack because they got painted by radar?

            • @JohnDClay@sh.itjust.works
              link
              fedilink
              1•
              edit-2
              4 months ago

              No, I mean the one that took down nearly the entirety of Irans air defenses with less than 100 weapons.

              https://www.iranintl.com/en/202412054965

              • ☆ Yσɠƚԋσʂ ☆OP
                link
                fedilink
                -2•4 months ago

                send me a dm cause I have a bridge to sell you 😂

                • @JohnDClay@sh.itjust.works
                  link
                  fedilink
                  -1•4 months ago

                  What’s your source that it was totally ineffective? Iran?

                  • ☆ Yσɠƚԋσʂ ☆OP
                    link
                    fedilink
                    2•4 months ago

                    There is zero evidence of any damage done to Iran. There is no satellite footage, no videos of the explosions. There is nothing. When Iran attacked Israeli base we had actual hard evidence of what the results were. One has to be an incredibly credulous rube to believe that Israel and Yankeestan were able to attack Iran when they’re unable to provide any evidence of that. You’re such a great illustration how effective propaganda can be on people who are incapable of critical thinking.

        • @leisesprecher@feddit.org
          link
          fedilink
          4•4 months ago

          Producing literally hundreds of a single type of airplane with orders for the next decade or so isn’t exactly “nothing to show for”.

          And even if you discount the actual sales, getting billions in development budget from the US government is pretty good for business.

          • ☆ Yσɠƚԋσʂ ☆OP
            link
            fedilink
            -3•4 months ago

            I mean yeah, the purpose of these companies is to put taxes back into the pockets of billionaires instead of spending them on stuff they’re meant for like infrastructure, healthcare, education, and so on. That’s why majority Americans live like dogs.

            • @leisesprecher@feddit.org
              link
              fedilink
              1•4 months ago

              Opposed to the Chinese corporations which are famously basically charity organizations?

              What exactly is your point? Your moving goalposts to completely different planets.

              • Mac
                link
                fedilink
                English
                1•4 months ago

                It’s yogthos lol, can’t expect anything less my friend

                • ☆ Yσɠƚԋσʂ ☆OP
                  link
                  fedilink
                  1•4 months ago

                  Hey quick question genius, is Chinese military industry state owned or private? 🤡

                  • @JohnDClay@sh.itjust.works
                    link
                    fedilink
                    -2•4 months ago

                    Looks like both.

              • ☆ Yσɠƚԋσʂ ☆OP
                link
                fedilink
                0•4 months ago

                China doesn’t use private sector for its military. Try to put a bit more work into your trolling.

                • @JohnDClay@sh.itjust.works
                  link
                  fedilink
                  -2•4 months ago

                  I disagree.

                  https://wikipedia.org/wiki/Chengdu_Aircraft_Industry_Group https://wikipedia.org/wiki/Shenyang_Aircraft_Corporation

                  • ☆ Yσɠƚԋσʂ ☆OP
                    link
                    fedilink
                    4•4 months ago

                    CAC has been promoted to a state enterprise in 1990. Try harder.

    • @MDCCCLV@lemmy.ca
      link
      fedilink
      English
      -3•4 months ago

      F35 is guaranteed to be better than a “6th generation” Chinese plane and they can be upgraded anyway. And it’s actually very successful now with a very cheap per plane cost.

      • ☆ Yσɠƚԋσʂ ☆OP
        link
        fedilink
        0•4 months ago

        LMFAO

        • @redtea@lemmygrad.ml
          link
          fedilink
          4•4 months ago

          I recently upgraded my stone axe with some flint. Those guys with bronze are doomed.

Technology@lemmy.ml

!technology@lemmy.ml
Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.ml

This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.


Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.


Rules:

1: All Lemmy rules apply

2: Do not post low effort posts

3: NEVER post naziped*gore stuff

4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.

5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)

6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist

7: crypto related posts, unless essential, are disallowed

  • 13 users / day
  • 137 users / week
  • 314 users / month
  • 1.58K users / 6 months
  • 2 subscribers
  • 2.94K Posts
  • 34.9K Comments
  • Modlog
  • mods:
  • @MinutePhrase@lemmy.ml
  • BE: 0.18.1
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org