February 25, 2004 at 3:19 pm
Saw this story about Raytheon’s
world renown Patriot missile yesterday and I was surprised
at the claim that was made of it.
[FONT=courier new]1) The Patriot Flawed?
http://www.cbsnews.com/stories/2004/02/19/60minutes/main601241.shtml
(CBS) In the Pentagon’s multi-billion dollar
arsenal of weapons, one weapon the government has already
spent more than $6 billion on has not only had trouble doing what
it was designed to do –bring down enemy missiles —
it also does something it was not designed to do.
2) Potential sales for the Patrioit:
http://www.taipeitimes.com/News/taiwan/archives/2004/01/24/2003092402
(…at least 1,300 Patriot missiles to defend itself) [/FONT]
Time to pick up a
few shares of Raytheon and hope it turns
into the next MSFT :).
BTW, anyone here watched this show?
Is it simply some media conglomerate out looking
for attention or some truth to it???