100th F-35 Being Built, None Yet Operational
In January, the Lockheed Martin production facility in Fort Worth, Texas, reported it was well along "in the final phase of building the wings" of the 100th F-35 constructed by the Bethesda, Maryland, company. Of the first 99 F-35s, none are yet operational.
The F-35 isn't even close to fully operational - it can fly only on sunny days. It can't fly at night. And it can't fly in clouds or near lightning. We know this because the Pentagon tells us so, in a report written for the Secretary of Defense by the Director of Operational Test and Evaluation, J. Michael Gilmore.
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The ex-wife of SAC Capital Advisors LP founder Steven A. Cohen won reinstatement of most of a lawsuit in which she seeks $8.25 million in damages based on claims the hedge fund is “the product of an ongoing racketeering scheme” that engaged in insider trading.
Philly Fed Chart: Dark green is the strongest growth
Bonus video related to the F-35 pentagon story.
Scene from the movie Pentagon Wars.
Bradley Fighting Vehicle Evolution
Europe is a mess. Thatcher was right about the Euro.
Niall Ferguson on Bloomberg yesterday.
$4M Is the Median Price of a NYC Luxury Apartment
SeaWorld Files to Raise $540M in IPO
Gold and Silver Jump on Stimulus Speculation
Why Is Google Wiring Austin with High-Speed Fiber?
April 9 (Bloomberg) -- Google will plan to offer high-speed Internet access in Austin, Texas, extending the reach of its network that is more than 100 times faster than some broadband services.
The first cell phone. The most hyped phone of all time.
Fed President Janet Yellen on QE Moderation
Start watching at 30 seconds.