Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling
Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling
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
How do we know that the Chinese fighter jet is actually 6th gen and not say 5.999999… gen?
Also how are they stealing this tech from the future!
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. 🤡
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.
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.
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.
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.
Strange that the analysis that this will decrease f35 demand. I guess they think it'll switch to more ngad and less f35?
They're saying that the military might shift focus to development of 6th gen fighters to catch up with China.