• anachronist@midwest.social
    link
    fedilink
    English
    arrow-up
    23
    arrow-down
    7
    ·
    2 days 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
      link
      fedilink
      arrow-up
      15
      arrow-down
      21
      ·
      edit-2
      2 days 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.

        • MarxMadness@lemmygrad.ml
          link
          fedilink
          English
          arrow-up
          1
          ·
          14 hours ago

          Maybe if there are no competitors. Even as monopolistic as the military aircraft industry is in the U.S., drones open up a lot of space for competition by being vastly cheaper.

          Then there’s concern about long-term sales to foreign countries, plus the corresponding parts and maintenance revenues. The F-16 is flown by 25 other countries.

      • JohnDClay@sh.itjust.works
        link
        fedilink
        arrow-up
        15
        arrow-down
        2
        ·
        2 days 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.

      • anachronist@midwest.social
        link
        fedilink
        English
        arrow-up
        5
        arrow-down
        1
        ·
        2 days 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
          link
          fedilink
          arrow-up
          13
          arrow-down
          13
          ·
          2 days 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.

  • UltraGiGaGigantic@lemmy.ml
    link
    fedilink
    English
    arrow-up
    8
    arrow-down
    1
    ·
    edit-2
    2 days 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.

    • MDCCCLV@lemmy.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 day ago

      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
    link
    fedilink
    arrow-up
    5
    arrow-down
    2
    ·
    edit-2
    2 days ago

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

            • halyk.the.red@lemmy.ml
              link
              fedilink
              arrow-up
              5
              ·
              2 days 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.

          • leisesprecher@feddit.org
            link
            fedilink
            arrow-up
            8
            arrow-down
            4
            ·
            2 days 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 ☆@lemmy.mlOP
              link
              fedilink
              arrow-up
              7
              arrow-down
              10
              ·
              2 days 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
                arrow-up
                7
                arrow-down
                6
                ·
                2 days ago

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

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

      • MDCCCLV@lemmy.ca
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        7
        ·
        1 day 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.