Richardcyoung.com

The Online Home of Author and Investor, Dick Young

U.S. Army Developing Next-Gen M249 SAW

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The U.S. Army is looking for a lighter-weight next-gen squad automatic rifle (NGSAR) to replace the 30+ year old M249 Squad Automatic Weapon (SAW). Textron Systems and five other unidentified gunmakers have received contracts to develop a prototype. The prototype will combine the firepower and range of a machine gun with the precision and ergonomics of […]

New Laser Weapon Will Counter Rocket, Artillery, and Mortar Attacks

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As part of the U.S. Army’s High Energy Laser Tactical Vehicle Demonstrator (HEL TVD) Program, Raytheon is developing a 100kW class laser. The laser will help protect the U.S. Army’s family of medium tactical vehicles. The laser, expected to cost $30 per kill on average, will reduce the cost per engagement for the Army and […]

Terrorists, Meet Hellfire’s Big Brother

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Lockheed Martin’s Joint Air-to-Ground Missile (JAGM) has passed its Defense Acquisition Board review, achieving what’s known as milestone C, allowing the missile to enter low rate production. The JAGM will replace several air-launched missiles including the famed AGM-114 Hellfire, providing single configuration across many platforms. The new missile will provide precision standoff-strike capability, and will […]

Lockheed to Build Newest and Most Advanced F-16

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Lockheed Martin has received a contract for $1.12 billion to produce 16 new F-16 Block 70 aircraft for The Kingdom of Bahrain. Block 70 is the newest and most advanced F-16, combining numerous capabilities and structural upgrades. The jet has improved radar systems, advanced weapons capabilities, and battlespace awareness. Read the press release below from […]

The X Engine Could Allow Drones to Fly Quieter and Farther

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DARPA is funding the development of LiquidPiston’s 30 kilowatt, 40hp X4 diesel engine. The “X” engine technology includes an optimized thermodynamic cycle and a new rotary engine architecture. The architecture involves only two moving parts, a shaft and a rotor which significantly reduces vibration, noise, and heat output, minimizing EMI signatures and the engine’s impact […]

BAE Secures Contract for NextGen Amphibious Combat Vehicle

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BAE Systems has been awarded a contract by the U.S. Marine Corps worth $198 million for 30 next generation Amphibious Combat Vehicles (ACV 1.1). The contract for the new ACV 1.1 has options for a total of 204 vehicles worth up to $1.2 billion. The NextGen ACV 1.1 is equipped with a 700HP engine and […]

New Mini-Missile Could Soon Protect Troops from Airborne Threats

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Lockheed Martin’s new 2 ½ foot long miniature hit-to-kill missile is moving to the development stage. The miniature HTK missile weighs approximately 5 pounds and uses concentrated levels of kinetic energy to eliminate threats. The agile missile can defeat enemy rockets, artillery, mortars and UAVs. The U.S. Army Cruise Missile Defense Systems Project Office awarded […]

China’s Hack on U.S. Navy Contractor Nets Data on Submarine Warfare

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The recent hack on a U.S. Navy contractor’s servers is being labeled as “very serious” by Rhode Island’s U.S. Senator Jack Reed. Investigators are blaming the Chinese Ministry of State Security. The Chinese hackers were able to download 614GBs of data related to U.S. undersea warfare systems, including the Sea Dragon supersonic anti-ship missile program. […]