The Motley Fool's Rich Smith writes:
For more than three years now, I've been tracking the U.S. Navy's progress toward building a working electromagnetic railgun prototype — a Mach 6 cannon reputedly capable of striking targets 110 miles away with pinpoint accuracy.
Each railgun projectile would cost about $25,000 to produce — and if you're keeping track, then yes, success on the railgun project would yield a weapon boasting nearly twice the 67-mile range of Boeing's (NYSE:BA) Harpoon II missile but costing just 1/48th the Boeing missile's $1.2 million cost.
https://www.fool.com/investing/2017/04/22/navys-new-mach-6-em-railgun-almost-ready-for-prime.aspx
Electromagnetic Railgun - First shot at Dahlgren's new Terminal Range https://youtu.be/Pi-BDIu_umo
(Score: 3, Interesting) by butthurt on Thursday April 27 2017, @01:09AM
Boeing: BA
https://finance.yahoo.com/quote/BA [yahoo.com]
This Motley Fool story disparages Boeing, but note that Boeing is listed on page 3 of this document:
https://assets.donaldjtrump.com/DJT_PFD_Statement_%281%29.pdf [donaldjtrump.com]
BAE Systems Plc ADR: BAESY
http://www.nasdaq.com/symbol/baesy [nasdaq.com]
General Atomics: not public
https://www.fool.com/investing/general/2015/02/15/when-general-atomics-makes-a-drone-this-other-comp.aspx [fool.com]