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3 tech companies spent 500% more on R&D than the top five US defense contractors
Posted on 5/27/14 at 7:50 pm
Posted on 5/27/14 at 7:50 pm
LINK
Byron Callan, an analyst with Capital Alpha Partners, concludes:
Byron Callan, an analyst with Capital Alpha Partners, concludes:
quote:Holy shite. I somehow was going through life thinking we needed to cut defense budgets. I mean, that's been beat into my head for years, now, by the mainstream media. Didn't realize they are falling behind so badly in R&D.
Boeing Defense, L-3 Communications, Lockheed Martin, Northrop Grumman and Raytheon, spent a total of $4.1 billion on R&D projects, while Google spent $8 billion, Apple $4.5 billion and Microsoft $10.4 billion.
9
Posted on 5/27/14 at 7:53 pm to HubbaBubba
So..........
Stimulus?
Stimulus?
Posted on 5/27/14 at 7:56 pm to HubbaBubba
quote:
Didn't realize they are falling behind so badly in R&D
Fallen behind? Is it a competition?
Should military contract budgets be tied to how much google spends?
Posted on 5/27/14 at 8:00 pm to HubbaBubba
quote:
I somehow was going through life thinking we needed to cut defense budgets. I mean, that's been beat into my head for years, now, by the mainstream media. Didn't realize they are falling behind so badly in R&D.
It would blow your mind how much crazy shite the DOD keeps under wraps.
Hell, we, the general public, didn't know about the SR-71 for a few decades for example.
Posted on 5/27/14 at 8:06 pm to Sentrius
quote:I bet you they already have these and they are just keeping them for themselves. Selfish bastards.
It would blow your mind how much crazy shite the DOD keeps under wraps.
Posted on 5/27/14 at 8:08 pm to Scruffy
If they have the warp drive and are keeping it from us I'm gonna be so pissed.
Being a space pirate is my lifelong dream.
Being a space pirate is my lifelong dream.
Posted on 5/27/14 at 8:11 pm to GeauxxxTigers23
quote:
Being a space pirate is my lifelong dream.
Damn right.
This post was edited on 5/27/14 at 8:12 pm
Posted on 5/27/14 at 8:14 pm to Scruffy
The time setting of that movie is 2015 if I'm not mistaken. That's next year and still no flying cars or hover boards.
Posted on 5/27/14 at 8:27 pm to HubbaBubba
A great deal of defense R&D costs are borne by taxpayers, no? Are those numbers for independent R&D or do they included government funded programs too? I don't really know how it works, but those numbers sound extremely low relative to overall defense spending.
Posted on 5/27/14 at 8:39 pm to HubbaBubba
This is a dumb comparison. our military budget shouldn't be based upon our high tech firms budgets.
Posted on 5/27/14 at 8:45 pm to HubbaBubba
quote:
I mean, that's been beat into my head for years, now, by the mainstream media.
If we cut down the Defense budget to 0 we'd still run a deficit with current spending rates
Posted on 5/27/14 at 8:52 pm to BACONisMEATcandy
quote:
If we cut down the Defense budget to 0 we'd still run a deficit with current spending rates
we ran a deficit of .7 trillion dollars last year and spent .8 trillion on defense
This post was edited on 5/27/14 at 8:53 pm
Posted on 5/27/14 at 9:32 pm to HubbaBubba
quote:
LINK
Byron Callan, an analyst with Capital Alpha Partners, concludes:
quote:
Boeing Defense, L-3 Communications, Lockheed Martin, Northrop Grumman and Raytheon, spent a total of $4.1 billion on R&D projects, while Google spent $8 billion, Apple $4.5 billion and Microsoft $10.4 billion.
Holy shite. I somehow was going through life thinking we needed to cut defense budgets. I mean, that's been beat into my head for years, now, by the mainstream media. Didn't realize they are falling behind so badly in R&D.
This isn't surprising, there is a lot more money to be made in tech. What is the market capitalization of these firms compared to apple and google?
Also, their R&D can benefit the DoD, and while the reverse used to be true its unlikely at this point.
Posted on 5/27/14 at 10:15 pm to HubbaBubba
quote:
Holy shite. I somehow was going through life thinking we needed to cut defense budgets. I mean, that's been beat into my head for years, now, by the mainstream media. Didn't realize they are falling behind so badly in R&D.
Google makes about $50 billion a year in ad revenue. What the frick does them spending $8B/year on R&D have anything to do with defense contractors?
Posted on 5/27/14 at 10:23 pm to oklahogjr
quote:
This is a dumb comparison. our military budget shouldn't be based upon our high tech firms budgets.
Not to mention he's picking three of the most cash rich companies on the planet as his comparison.
I'm guessing the military spends a bit more than five billion on R & D.
Even by the (sometimes low) standards of this board, this thread's premise is pretty bad.
Posted on 5/27/14 at 10:24 pm to HubbaBubba
You know what L-3 Communications does? They own the communications fiber backbone. They don't actually make anything so I do not think it is bad that they are not spending a bunch of money on R&D.
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