3w ago

Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling

militarywatchmagazine.com 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

Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling

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3w ago

Chinese Sixth Generation Fighters Poised to Cut Pentagon Demand For F-35s: Lockheed Martin Stock Drops After New Jets’ Unveiling

militarywatchmagazine.com /article/chinese-sixth-generation-cut-pentagon-demand-f35s-lockheed

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105 comments

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.
  
  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.
  
  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.
  
  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.

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!

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.
  
  But Lockheed is a front runner for that too.
  
  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.

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.

105 comments