Tyr-Ziu Saxnot
11-09-2014, 12:24 PM
http://www.fool.com/investing/general/2014/11/09/textron-scorpion-fighter-jet-will-it-take-the-figh.aspx
Textron Scorpion Fighter Jet: Will It Take the Fight to ISIS?
By Rich Smith | More Articles
November 9, 2014
One year ago, defense contractor Textron (NYSE: TXT ) announced plans to build a new, budget-priced fighter jet. Now, the new Textron Scorpion could soon land its very first sale -- and perhaps go to war with ISIS.
According to a Nov. 2 DefenseNews.com report, the United Arab Emirates is looking to beef up its air force, and is giving the Scorpion a good hard look. As well it should.
A bit of background
Last year, the UAE scotched plans to buy Typhoon fighter jets from BAE Systems (NASDAQOTH: BAESY ) . Similarly, the Arab nation's plans to purchase as many as four dozen M-346 trainer jets from Italy appear to have hit a snag. Yet even as the UAE's air force seems starved for new planes, the country has taken on a role supporting U.S. airstrikes against ISIS insurgents in Syria.
The UAE is using F-16 fighter jets to pound ISIS targets on the ground -- as is the United States. But using high-performance fighters for ground attacks is overkill. It would be more cost-effective to conduct these kinds of raids with cheap, light attack fighters -- such as Textron's Scorpion.
The Scorpion is estimated to cost less than $20 million per plane (and perhaps as little as $17 million). In contrast, deagel.com puts the unit cost of the Typhoons that UAE recently passed on at $124 million apiece -- on par with the price tag of a Lockheed Martin (NYSE: LMT ) F-35. And even the Italian M-346, a light attack aircraft that the UAE has been looking at as a possible jet trainer, is estimated to cost $48 million apiece -- more than twice the cost of a Textron Scorpion.
Good enough for the job?
Granted, at a top speed of 500 mph, the subsonic Textron Scorpion wouldn't be of much use in a dogfight. Italy's M-346 and Eurofighter's Typhoon both have longer "legs." But for the limited purposes of intelligence, search, and reconnaissance, or for plinking ISIS tanks and Toyotas in the desert, 500 mph should more than do the trick. To emphasize the point, Textron advertises the Scorpion as coming complete with a bomb capacity of 3,000 pounds, along with six "hard points" for carrying rockets and bombs under its wings.
When you take out your calculator, and discover that for the price of a single M-346 you could buy two-and-a-half Scorpions -- or six Scorpions for the cost of just one Typhoon -- the case for buying Textron's new fighter jet only gets stronger.
Maybe a good deal but for the job required for ISIS the A-10 WARTHOG SEEMS TO BE JUST FINE FOR MUCH OF THE OPEN WORK OUT IN THE COUNTRYSIDE, IMHO. What other nations use is their business.
perhaps, NEO OR OTHER AIRFORCE MEMBERS (FORMER OR PRESENT) HAVE GREATER INSIGHT AND COULD RESPOND.-Tyr
Textron Scorpion Fighter Jet: Will It Take the Fight to ISIS?
By Rich Smith | More Articles
November 9, 2014
One year ago, defense contractor Textron (NYSE: TXT ) announced plans to build a new, budget-priced fighter jet. Now, the new Textron Scorpion could soon land its very first sale -- and perhaps go to war with ISIS.
According to a Nov. 2 DefenseNews.com report, the United Arab Emirates is looking to beef up its air force, and is giving the Scorpion a good hard look. As well it should.
A bit of background
Last year, the UAE scotched plans to buy Typhoon fighter jets from BAE Systems (NASDAQOTH: BAESY ) . Similarly, the Arab nation's plans to purchase as many as four dozen M-346 trainer jets from Italy appear to have hit a snag. Yet even as the UAE's air force seems starved for new planes, the country has taken on a role supporting U.S. airstrikes against ISIS insurgents in Syria.
The UAE is using F-16 fighter jets to pound ISIS targets on the ground -- as is the United States. But using high-performance fighters for ground attacks is overkill. It would be more cost-effective to conduct these kinds of raids with cheap, light attack fighters -- such as Textron's Scorpion.
The Scorpion is estimated to cost less than $20 million per plane (and perhaps as little as $17 million). In contrast, deagel.com puts the unit cost of the Typhoons that UAE recently passed on at $124 million apiece -- on par with the price tag of a Lockheed Martin (NYSE: LMT ) F-35. And even the Italian M-346, a light attack aircraft that the UAE has been looking at as a possible jet trainer, is estimated to cost $48 million apiece -- more than twice the cost of a Textron Scorpion.
Good enough for the job?
Granted, at a top speed of 500 mph, the subsonic Textron Scorpion wouldn't be of much use in a dogfight. Italy's M-346 and Eurofighter's Typhoon both have longer "legs." But for the limited purposes of intelligence, search, and reconnaissance, or for plinking ISIS tanks and Toyotas in the desert, 500 mph should more than do the trick. To emphasize the point, Textron advertises the Scorpion as coming complete with a bomb capacity of 3,000 pounds, along with six "hard points" for carrying rockets and bombs under its wings.
When you take out your calculator, and discover that for the price of a single M-346 you could buy two-and-a-half Scorpions -- or six Scorpions for the cost of just one Typhoon -- the case for buying Textron's new fighter jet only gets stronger.
Maybe a good deal but for the job required for ISIS the A-10 WARTHOG SEEMS TO BE JUST FINE FOR MUCH OF THE OPEN WORK OUT IN THE COUNTRYSIDE, IMHO. What other nations use is their business.
perhaps, NEO OR OTHER AIRFORCE MEMBERS (FORMER OR PRESENT) HAVE GREATER INSIGHT AND COULD RESPOND.-Tyr