T1gerNate

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some people shite on the high dividend etf's but that quarterly dividend is much higher than picking a stock

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Three consecutive of years high inflation coupled with higher interest rates has ushered in the "we hate the Boomers era."

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Trump's promise on Patriots will take time, leaving Ukraine facing tough choices

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KYIV, July 10 (Reuters) - A pledge by President Donald Trump to allow Kyiv to produce U.S. Patriot air defence missiles is a victory for Ukrainian President Volodymyr Zelenskiy but it could take at least a year to start producing them, defence experts ?say.

With its chronic shortage of interceptor missiles likely to continue until then, Kyiv faces tough choices over which targets are a priority to defend as Russia keeps pounding its cities and energy infrastructure.

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Patriot interceptor missiles are vital for Ukraine's defence at a time when Zelenskiy says Russia, whose battlefield advances have stalled, is trying to leverage its advantage in ballistic missiles by hitting Ukraine hard.

The Patriot is the only weapon in Kyiv's arsenal capable of stopping Russian ballistic missiles. Ukraine has brought down only four of the 54 much-faster ballistic missiles launched by ?Russia this month.

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Ukraine has managed to fast-track military development in the war since Russia's 2022 invasion, but defence experts say building a system to down missiles travelling at several times the speed of sound is the toughest challenge in missile technology.

Serhii Beskrestnov, an advisor to Ukraine's defense ministry, said on Telegram there was uncertainty over how long ?it would take subcontractors to scale production of scarce components.

One country that might be able to help Kyiv accelerate the process is Germany, which has developed a domestic production chain for PAC-2 interceptors.
Two sources familiar with the discussions said the ?new interceptors were likely to be manufactured in Germany or another European country, where it is safer, and production could be shifted to Ukraine when the war ends.

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Working on the principle that three Patriots are needed per ballistic missile to ensure an interception, they estimate some 2,400 interceptors would be needed per year if Russia's output remains stable.

"Even with a licensed production facility in ?Ukraine, reaching that number will be very, very difficult, if ?not impossible," Hoffmann said.

Lockheed delivered just over 600 PAC-3s ?last year and is aiming to scale its production to around 2,000 by 2030. A Ukrainian plant might produce 200 to 300 interceptors a year, Hoffmann said.

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Other conferences to follow suit.

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How are they better off compared to the 65 yo working people in this field who paid a grand per year in tuition and finished up at 23 years old?

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You think the interstate shooter is back?

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So now Ukraine is going to make their own.

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Patriots have intercepted lots and lots of the cruise missiles that Russia has been using to strike Kyiv and other cities.

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