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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Technology@lemmy.mlEnglish · 5 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 · 5 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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  • anachronist@midwest.social
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    5 months ago

    Lockheed’s stock price fell because they missed on earnings. It’s batshit to think a new fighter coming out of China would be bad for Lockheed. 🤡

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      5 months ago

      A 6th gen fighter coming out of China while the US can’t make their 5th gen fighter work properly certainly does look bad for Lockheed.

      • JohnDClay@sh.itjust.works
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        5 months ago

        F22 is working just fine. The new planes from China seem like tech demonstrators, so a similar stage to X35 in 2000. So they could still have plenty of production problems ahead of them.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          5 months ago

          sure little buddy, you keep on coping there cause it’s adorable

          • JohnDClay@sh.itjust.works
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            5 months ago

            Could you point to what issues your talking about? It’s hard to converse when you’re referring to vague vibes.

            • Atomic@sh.itjust.works
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              5 months ago

              He just straight up doesn’t know what he’s talking about. The only thing you’ll ever get out of him is west bad, China, Russia & North Korea good.

              Can just as well name his post lockheed stock drops after kindergarten teacher drinks water and it would be equally accurate.

              • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                5 months ago

                awww you’re such a sour little muffin aren’t you

                • Atomic@sh.itjust.works
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                  5 months ago

                  Not at all. Just lowering the guys expectations of having a genuine conversation. Feel free to prove me wrong 😘

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              5 months ago

              The only one referring to vague vibes here is you bud. The disaster that is F22 is very well documented

              • https://www.nytimes.com/2019/08/21/magazine/f35-joint-strike-fighter-program.html
              • https://www.twz.com/28659/air-force-admits-f-22-raptors-wont-hit-80-percent-mission-capable-target-on-time
              • https://nationalinterest.org/blog/buzz/air-forces-f-22-raptor-nightmare-explained-3-words-207364

              On the other hand, China has consistently shown the ability to produce things that actually work.

              • JohnDClay@sh.itjust.works
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                5 months ago

                Jfs has been a cluster, they wanted a VTOL jet that do everything, which physics doesn’t like. But with 15 years extra development, they kinda did it.

                80% readiness is higher than most jets, my sources are actually showing loser, but still in line with other military jets.

                A-10 Thunderbolt II (67 percent) and the F-16C (69 percent), while significantly outperforming air superiority fighters like the F-15C (33 percent) and F-22 (52 percent). https://www.sandboxx.us/news/why-media-coverage-of-the-f-35-repeatedly-misses-the-mark/

                And is your third source just saying that the biggest problem with the F22 is that they want more of them? That hardly seems like a criticism of the plane itself.

                • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                  5 months ago

                  Jfs has been a cluster, they wanted a VTOL jet that do everything, which physics doesn’t like. But with 15 years extra development, they kinda did it.

                  In the same way the Cybertruck is kind of a truck.

                  80% readiness is higher than most jets, my sources are actually showing loser, but still in line with other military jets.

                  80% is not the readiness of F22, but a target they can’t hit.

                  And is your third source just saying that the biggest problem with the F22 is that they want more of them? That hardly seems like a criticism of the plane itself.

                  It’s a criticism of the abysmal production capability showing that these things are artisanally made.

      • VeganCheesecake
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        5 months ago

        More advanced hardware from a country the US see as an adversary sounds like it should be great for the stock of Lockheed and Co., actually.

      • anachronist@midwest.social
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        5 months ago

        Cope how? I’m not a fan. The worst thing in the world for Lockheed would be if US’s adversaries decided they weren’t going to be designing any new weapons systems. Lockheed runs on fear of what’s next.

        • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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          5 months ago

          Lockheed model of sucking up taxes without producing anything only works when the US feels they have superiority over the adversaries. Now that it’s becoming clear this is not the case, there will be a push to actually have to produce things that work, and Lockheed isn’t good at doing that.

          • JohnDClay@sh.itjust.works
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            5 months ago

            Where in the world are you getting that Lockheed stuff doesn’t work? SR71? F104? U2? F117? F22?

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              5 months ago

              Oh man, I remember seeing this U2 in museum, it did a great job intercepting Soviet AD 😂 https://en.wikipedia.org/wiki/1960_U-2_incident

              • JohnDClay@sh.itjust.works
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                5 months ago

                You think the U2 was an intercepter?

                • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                  5 months ago

                  Removed by mod

              • signalsayge@lemm.ee
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                5 months ago

                And yet they have still been operational for 60 years after that… Funny that the U2 lasted longer than the Soviet Union.

                • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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                  5 months ago

                  as a museum piece

  • UltraGiGaGigantic@lemmy.ml
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    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.

    • MDCCCLV@lemmy.ca
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      It’s more about sensors and communication, there’s no reason you can’t have f35 use drones and stuff. But the better plane will see and target the enemy first. And it can operate without GPS. In other words it’s better to have 3000 f35s flying missions plus a bunch of drones. Being able to deliver a lot of firepower first is a huge deal.

  • JohnDClay@sh.itjust.works
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    5 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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      5 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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        5 months ago

        But Lockheed is a front runner for that too.

        • halyk.the.red@lemmy.mlBanned
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          5 months ago

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

          • JohnDClay@sh.itjust.works
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            5 months ago

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

            • halyk.the.red@lemmy.mlBanned
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              5 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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          5 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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            Have you seen their performance in Iran recently? They seem really good air to ground.

            • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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              5 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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                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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                  5 months ago

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

      • MDCCCLV@lemmy.ca
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        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 ☆@lemmy.mlOP
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          5 months ago

          LMFAO

  • تحريرها كلها ممكن@lemmy.ml
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    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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      5 months ago

      Also how are they stealing this tech from the future!

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