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Showing posts with the label lockheed Martin

Patriot missile defence system for Australia

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The Australian Government is believed to be about to place an order for a Patriot air defence missile system from US arms manufacturer Raytheon. The PAC3 missiles used by the system are made by Lockheed Martin and cost about $3 million. Each Patriot system is mounted on a Heavy Expanded Mobility Tactical Truck capable of carrying up to 16 missiles. The number of systems to be ordered is not known, but the Government is looking at ways to find an additional two billion dollars without it showing up as a further blowout in the budget deficit.

Australia should cancel its $25 billion order for F35 fighter jets

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The Australian Government is still happily spending taxpayers money on this dog of a plane that even Donald Trump recognises is expensive rubbish.Australia could end up paying up to $100 million more for the new F-35 Joint Strike Fighter jets as a result of Canada cancelling its order.The coalition clearly has no intention of reducing spending (even though Scott Morrison says that's what it needs to do. After its disasterous performance, Lockheed Martin could go broke, leaving Australia with 72 piles of expensive junk (and that's just the initial order). it has flagged the purchase of another 28. http://www.cbc.ca/news/business/trump-f35-lockheed-martin-1.3892314