Latest news with #LongRangeAnti-ShipMissile
India.com
20-05-2025
- Science
- India.com
India developing world's most dangerous hypersonic missile capable of causing more destruction than BrahMos, its speed..., almost impossible...
(Representational image: New Delhi: During Operation Sindoor, the world witnessed the power of India's BrahMos missile. To make a strong attack on Pakistan and terrorism it supports, India targeted the terrorist bases of Jaish and Lashkar with this missile. After BrahMos, India is now working on a new missile. This is a hypersonic missile that will be equipped with more destructive power than BrahMos. The engine has been successfully tested The Defence Research and Development Organisation (DRDO) has been long focused on developing an indigenous hypersonic missile. In a recent interview, former DRDO chief and senior scientist Dr. Sudhir Kumar Mishra mentioned that India is soon going to present this hypersonic missile to the world. Its engine has been successfully tested. India included among select countries India has joined the select group of countries that possess hypersonic missile technology. In November 2024, the DRDO successfully tested its first long-range hypersonic missile (LRAShM – Long Range Anti-Ship Missile) from Abdul Kalam Island in Odisha. Scramjet engine-based technology India is now on the list of countries with hypersonic missile technology, alongside Russia, China, and the USA. Hypersonic missiles operate using scramjet engine-based technology. Faster than BrahMos India already possesses the world's fastest missile, BrahMos, which is a supersonic missile. The new hypersonic missile will be faster than BrahMos. Hypersonic missiles strike the enemy at speeds five times or more than the speed of sound (Mach 5 or more than 6,174 km/h). It is almost impossible to intercept hypersonic missiles from radar. Even if they are intercepted, it is almost impossible to stop them. The technology to stop hypersonic missiles is available only to select countries. Hypersonic missiles can change direction during flight. The hypersonic missile that India is working on has not been detailed yet, but some media reports claim that its range is more than 1,500 kilometers. India has long been making its defense preparations keeping China in mind. India is also working on a hypersonic version of BrahMos, which is expected to have a speed of Mach 7-8. These missiles are capable of carrying both conventional and nuclear weapons, making them even more dangerous.
Yahoo
15-05-2025
- Politics
- Yahoo
Houthi attacks exposed US Navy issues over ammo supplies, says admiral
Clashes with Houthi militants have exposed problems with Navy ammunition supplies, a US admiral told Congress. The US Navy has expended vast quantities of munitions shooting down Houthi drones and missiles. Houthi militants in Yemen have targeted cargo ships and US Navy vessels in the Red Sea. Attacks by Houthi rebels on Red Sea shipping and US warships have led to issues with US Navy ammunition supplies, a US admiral told Congress. In a hearing of the House Appropriations Committee on Wednesday, Acting Chief of Naval Operations Admiral James Kilby said attacks by the militant group had "highlighted the strain on our munitions industrial base," according to The Military Times. He added: "Precision-guided, long-range munitions like Tomahawk, Long Range Anti-Ship Missile, the heavyweight torpedo, all those ammunitions we need to increase production on." Kilby also backed obtaining munitions from a wider source of vendors. "They may not be able to produce the same exact specifications, but they might be able to produce a missile that's effective, which is more effective than no missile," he said. In recent years, Houthi militants in Yemen have targeted international shipping lanes in the Red Sea, and the naval vessels protecting them, in solidarity with Hamas in its war with Israel. According to the Crisis Group, a US think tank, up to January 2025, the Iranian-backed group had launched around 500 attacks on ships in the Red Sea, as well as targets in Israel. The Houthis have used missiles and low-cost drones to launch attacks. But despite the low-cost nature of the weapons, the US military has been forced to deploy expensive missiles and other munitions to foil the attacks, at a cost of billions of dollars. The US has also launched hundreds of airstrikes on Houthi positions, with President Donald Trump ordering an intensification of the campaign when he took office in January. Retired Navy Commander Bryan Clark, of the Hudson Institute, told Task and Purpose in March that the US Navy had used more air defense munitions in clashes with the Houthi since October 2023 than it had in all other conflicts since the 1990s. He suggested that clashes with the Houthis point to concerns when it comes to any future conflicts. "I think most estimates are within a few days of combat, if there was an invasion of Taiwan, that the US — the Navy in particular — would run out of weapons," Clark said, referring to Chinese threats against Taiwan, a US ally. In the congressional hearing, lawmakers were scrutinising the Navy's 2026 budget, with ammunition production shortfalls and shipbuilding delays among the issues discussed. Republican Rep. Tom Cole of Oklahoma, chairman of the House Appropriations Committee, reportedly warned of the possibility of the US running out of ammo in a war, and the need to find munition replacements. "We need to do what we can to accelerate that process, because we're all very, very concerned," he said. Last week, Trump announced a cease-fire with the Houthis, amid reports that US attacks had had limited impact and ammo supplies were dwindling. Read the original article on Business Insider
Business Insider
15-05-2025
- Politics
- Business Insider
Houthi attacks exposed US Navy issues over ammo supplies, says admiral
Attacks by Houthi rebels on Red Sea shipping and US warships have led to issues with US Navy ammunition supplies, a US admiral told Congress. In a hearing of the House Appropriations Committee on Wednesday, Acting Chief of Naval Operations Admiral James Kilby said attacks by the militant group had "highlighted the strain on our munitions industrial base," according to The Military Times. He added: "Precision-guided, long-range munitions like Tomahawk, Long Range Anti-Ship Missile, the heavyweight torpedo, all those ammunitions we need to increase production on." Kilby also backed obtaining munitions from a wider source of vendors. "They may not be able to produce the same exact specifications, but they might be able to produce a missile that's effective, which is more effective than no missile," he said. In recent years, Houthi militants in Yemen have targeted international shipping lanes in the Red Sea, and the naval vessels protecting them, in solidarity with Hamas in its war with Israel. According to the Crisis Group, a US think tank, up to January 2025, the Iranian-backed group had launched around 500 attacks on ships in the Red Sea, as well as targets in Israel. The Houthis have used missiles and low-cost drones to launch attacks. But despite the low-cost nature of the weapons, the US military has been forced to deploy expensive missiles and other munitions to foil the attacks, at a cost of billions of dollars. The US has also launched hundreds of airstrikes on Houthi positions, with President Donald Trump ordering an intensification of the campaign when he took office in January. Retired Navy Commander Bryan Clark, of the Hudson Institute, told Task and Purpose in March that the US Navy had used more air defense munitions in clashes with the Houthi since October 2023 than it had in all other conflicts since the 1990s. He suggested that clashes with the Houthis point to concerns when it comes to any future conflicts. "I think most estimates are within a few days of combat, if there was an invasion of Taiwan, that the US — the Navy in particular — would run out of weapons," Clark said, referring to Chinese threats against Taiwan, a US ally. In the congressional hearing, lawmakers were scrutinising the Navy's 2026 budget, with ammunition production shortfalls and shipbuilding delays among the issues discussed. Republican Rep. Tom Cole of Oklahoma, chairman of the House Appropriations Committee, reportedly warned of the possibility of the US running out of ammo in a war, and the need to find munition replacements. "We need to do what we can to accelerate that process, because we're all very, very concerned," he said. Last week, Trump announced a cease-fire with the Houthis, amid reports that US attacks had had limited impact and ammo supplies were dwindling.
Yahoo
14-05-2025
- Business
- Yahoo
Navy leaders look to expand munitions options as supplies run low
Navy leaders are looking for brand-new types of munitions to ensure they have enough firepower for future conflicts. During testimony before the House Appropriations Committee on Wednesday, Acting Chief of Naval Operations Adm. James Kilby acknowledged recent operations in the Red Sea 'have highlighted the strain on our munitions industrial base.' Officials are working to close that gap, but current production lines may not be sufficient for that resupply. 'Precision-guided, long-range munitions like Tomahawk, Long Range Anti-Ship Missile, the heavyweight torpedo, all those ammunitions we need to increase production on,' he said. 'But I'm also of the mind that we need to look at other vendors. They may not be able to produce the same exact specifications, but they might be able to produce a missile that's effective, which is more effective than no missile.' Trump requests $892.6 billion base defense budget, a real-terms cut Kilby's comments come as lawmakers review the service's budget needs for fiscal 2026. Committee members expressed concerns with gaps in the country's shipbuilding industrial base, delays in submarine production and fleet readiness. But the munitions shortfalls drew extra attention, given recent military operations against Houthi forces in the Red Sea. U.S. forces carried out more than 1,100 strikes over roughly five weeks, using an estimated $1 billion in weapons. Last fall, before the recent operations, a report from the Heritage Foundation warned military efforts to resupply those types of munitions were already too slow. For example, the report noted that in fiscal 2023, industry suppliers produced fewer than 70 Tomahawk Land Attack Missiles. During a few months of skirmishes with Houthi forces in fall 2024, the service fired more than 125 of those missiles. 'God forbid, if we were in a short-term conflict, it would be short-term because we don't have enough munitions to sustain a long-term fight,' Rep. Tom Cole, R-Okla., chairman of the appropriations committee, warned during Wednesday's hearing. 'We need to do what we can to accelerate that [munitions replacement] process, because we're all very, very concerned.' Both Kilby and Navy Secretary John Phelan said they are working with traditional vendors on ways to speed replacements. Kilby did not specify which other companies he is interested in contacting for new munitions, or what the timeline for those purchases will be. 'If we go to war with China, it's going to be bloody and there's going to be casualties and it's going to take plenty of munitions,' he said. 'So our stocks need to be full.' White House officials have not offered specifics of the Navy's budget for fiscal 2026 yet, but have promised broad increases in spending to deal with emerging global threats.
Forbes
22-04-2025
- Business
- Forbes
Does LMT Stock Have Room For Growth?
CANADA - 2025/02/08: In this photo illustration, the Lockheed Martin Corporation logo is seen ... More displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Lockheed Martin (NYSE: LMT) reported its first-quarter 2025 results, beating analyst projections on both revenue and earnings. The company posted revenue of $18.0 billion and adjusted earnings per share of $7.28, surpassing the consensus estimates of $17.8 billion and $6.30, respectively. This outperformance was largely due to higher sales in its tactical and strike missile programs and improved margins. Additionally, the company reiterated its full-year 2025 financial guidance. After the earnings announcement, LMT's stock rose 3% in pre-market trading, though it later declined amid investor concerns surrounding tariffs. Despite a -5% year-to-date return in 2024, LMT shares have slightly outpaced the S&P 500 index, which is down 12% over the same period. Heightened geopolitical risks, including the Russia-Ukraine conflict and tensions in the Middle East, have sustained interest in defense stocks. For those seeking a more stable alternative to individual equities, the High-Quality portfolio has delivered returns exceeding 91% since inception, outperforming the S&P. Lockheed Martin's revenues totaled $18.0 billion in Q1, a 4% year-over-year rise. Segment-wise, the Missiles and Fire Control division led growth with a 13% increase in sales, fueled by higher production of systems like the Long Range Anti-Ship Missile and Joint Air-to-Surface Standoff Missile. Aeronautics revenue rose 3% due to increased deliveries under the F-35 contract. The Rotary & Mission Systems unit posted a 6% gain, supported by greater output on Canadian Surface Combatant and radar systems. However, the Space segment saw a 2% revenue decline, attributed to lower volumes in the Next-Generation Overhead Persistent Infrared program. Overall, Lockheed Martin's operating margin expanded by 140 basis points to 13.2% for the quarter. This margin improvement supported adjusted earnings of $7.28 per share, a 15% increase from the prior year. The company reaffirmed its 2025 guidance, expecting full-year revenue of $74.25 billion and earnings per share of $27.15 at the midpoint. Following a strong Q1 and the reaffirmed 2025 forecast, Lockheed Martin's stock saw an initial boost. However, performance over the past four years has varied: returns of 3% in 2021, 40% in 2022, a -4% decline in 2023, and a 10% gain in 2024. This volatility has roughly tracked that of the S&P 500. By contrast, the Trefis High Quality Portfolio—comprising 30 carefully selected stocks—has exhibited lower volatility and strongly outperformed the S&P 500 in the same timeframe. What's the reason? These companies consistently delivered higher returns with reduced risk, as reflected in HQ Portfolio performance metrics. Given the current macroeconomic uncertainty—marked by tariffs and global conflict—questions arise about whether LMT may underperform the market again as seen in 2021, 2023, and 2024, or if it will build on its recent gains. While our LMT valuation model is set for an update post-earnings, preliminary analysis indicates the company's strong Q1 supports potential upside for the stock. At its current price-to-earnings (P/E) ratio of 16x trailing earnings, LMT trades below its five-year average of 18x. Expectations for increased defense spending—especially under a possible Trump administration—further enhance the outlook for defense firms like LMT. Thus, we believe investors may still find attractive long-term returns in LMT stock despite recent appreciation. While LMT appears poised for further growth, it's worth comparing how Lockheed Martin's Peers perform across key financial metrics. For a broader industry overview, check out Peer Comparisons. Invest with Trefis Market Beating Portfolios | Rules-Based Wealth
