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If that happened the stock value for every single US weapons manufacturer would drop like a stone. I think SAAB is already reevaluating the choice of a US engi
by mrweasel 2y ago
If that happened the stock value for every single US weapons manufacturer would drop like a stone.
I think SAAB is already reevaluating the choice of a US engine in the Gripen fighter jet, as the US is talking about blocking their sale to Columbia. The next version won't have a US engine.
- drumhead 2y agoThe stock prices of US defence companies have been falling for the last few weeks because of the cuts to the defence budget by Trump. Conversely the values of European defence companies have been shooting up. Primarily because of the re-armament. That wont be of much consolation to the US defence companies though, they're very likely to be excluded from the process. More fuel for the recession it seems.
- rayiner 2y agoU.S. defense contractors taking a hit? It’s like a 1990s liberal dream.
- yyyk 2y ago>cuts to the defence budget by Trump These weren't cuts, but an overall redirection of budgets inside the Pentagon. Over the long term, US defence companies have a very profitable future ahead (and a fair amount of European rearmament will involve buying stuff from US due to obvious industrial capacity issues).
- drumhead 2y agoDidnt Hesgeth tell them to cut budgets by 8% a year for the next 4 years?
- yyyk 2y agoIt's a redirection not a overall cut. American companies will profit from slightly different projects. e.g. https://breakingdefense.com/2025/02/pentagon-seeks-to-shift-50b-in-planned-funding-to-new-priorities-in-fy26/ https://breakingdefense.com/2025/02/pentagon-seeks-to-shift-...
- throwaway48476 2y agoThey're already dropping.
- mrweasel 2y agoThey can drop more, orders aren't being cancelled. Imagine that the UK needs to launch an F35 against, let's say Argentina, and the US says no and prevents that plane from taking of to defend the Falkland Islands. Would Germany, Denmark, Norway, the UK and others still want the rest of the planes they ordered, or will they cancel?
- drumhead 2y agoAnother nightmare scenario. If the EU has to fly combat missions against Russians in Ukraine and the US decides that in the "interests of peace" to deactivate European F35s. Not a possiblity that can be dismissed.
- antod 2y agoI saw somewhere that Britain and Israel are in more independent positions than other F35 buyers. Britain got control over the software and has developed some of their own, while Israel has been able develop their own electronics for it as well. They both might be able to avoid the remote off switch, but others could be a bit nervous.
- maxglute 2y ago> The US also has tight control over mission data files (MDFs), including electronic order-of-battle data. MDFs for the UK, Italy, Japan and other F-35 operators are exclusively generated by the USAF’s 350th Spectrum Warfare Wing at Eglin AFB, Florida. https://www.aerosociety.com/news/the-only-way-is-tempest/ https://www.aerosociety.com/news/the-only-way-is-tempest/ F35 SaaS.
- throwaway48476 2y agoIt's more like intelligence sharing. The F35 plan was to have them all networked and interoperable within NATO.
- mrtesthah 2y agoThat outcome would be in full alignment with the Russian geopolitical vision.
- drumhead 2y agoA weaker US defence establishment would be something that the Russians and other enemies of the US could only dream about a few years ago. Its suddenly becoming a reality.
- throw0101a 2y ago> I think SAAB is already reevaluating the choice of a US engine in the Gripen fighter jet The Gripen engine is US-designed, but licensed and (AIUI) built by Volvo: * https://en.wikipedia.org/wiki/Volvo_RM12 https://en.wikipedia.org/wiki/Volvo_RM12
- mrweasel 2y agoThat's the old one, the newer Gripens have a GE produced engine. Volvo no longer make jet engines. The JAS 39C/D is using the Volvo RM12. JAS 39E/F is equipped with the General Electric F414.