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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.mlEnglish · 11 months ago

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

militarywatchmagazine.com

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

militarywatchmagazine.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.mlEnglish · 11 months ago
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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
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  • تحريرها كلها ممكن@lemmy.ml
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    11 months ago

    How do we know that the Chinese fighter jet is actually 6th gen and not say 5.999999… gen?

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      11 months ago

      Also how are they stealing this tech from the future!

  • UltraGiGaGigantic@lemmy.ml
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    11 months ago

    I’m not big into airframes but i think it’s a dieing artform making these jets. Some drone strapped to a pulse rocket will eventually make them all obsolete.

    The same can be said for small arms I guess.

  • JohnDClay@sh.itjust.works
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    11 months ago

    Strange that the analysis that this will decrease f35 demand. I guess they think it’ll switch to more ngad and less f35?

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      11 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
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        11 months ago

        But Lockheed is a front runner for that too.

        • halyk.the.red@lemmy.ml
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          11 months ago

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

          • JohnDClay@sh.itjust.works
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            11 months ago

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

            • halyk.the.red@lemmy.ml
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              11 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 ☆@lemmy.mlOP
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          11 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
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            11 months ago

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

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              11 months ago

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

              • JohnDClay@sh.itjust.works
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                11 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 ☆@lemmy.mlOP
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                  11 months ago

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

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