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JumpCrisscross 2 days ago

> Lockheed martin PAC3 manufacturer is down 11% this month

Seriously? Lockheed Martin makes lots of stuff. They're blaming labor shortages for their woes. But demand for Patriots is growing. Your conclusion that they've been embarassed is countered by the dominant analysis in like every source, from Chinese and Indian (English and local language) to German, American, Israeli and Taiwanese.

Patriot works. It's been shooting down Russia's "hypersonic" missiles. It's been intercepting everything Iran throws at it. Its problem is it's expensive, and Iran's munitions cheap; we need something that isn't built to take down stealth fighter jets and advanced missiles.

thatcat 2 days ago | parent [-]

I mean even a cursory analysis will show that it's physically impossible for it to work against multiple vehicles/decoys. They also make the "stealth" f35, their contracts for this stuff is from Jan - probably will still make money from US/Saudi, but good luck selling to Germany or Japan.