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Tag: program

Report: Japan eyeing SM-6 missiles for defense program

Report: Japan eyeing SM-6 missiles for defense program

Business
Oct. 20 (UPI) -- Japan may add SM-6 missiles to the country's future ground-based defense system to intercept missiles, Yomiuri Shimbun reported.The SM-6 missiles would be in addition to SM-3 Block 2A missiles for defense against ballistic missiles, the Japan News, a Yomiuri Simbun publication, reported. It's all part of the planned Aegis Ashore system, a product of Maryland-based Lockheed Martin.Chinese bombers flying near Japan have prompted to government to protect the island from cruise missiles, a number of government sources told the newspaper.The Japanese government hopes to get two Aegis Ashore systems online in the next six years. The systems' SM-3 Block IIA missiles are a joint project between Japan and the United States. They would compliment the SM-6 missiles by protecting the ...
Obama-era solar power program reaches goal early

Obama-era solar power program reaches goal early

Business
Sept. 13 (UPI) -- A U.S. solar power initiative enacted by former President Barack Obama reached a goal for cost competitiveness three years early, the government said.The U.S. Energy Department's National Renewable Energy Laboratory said in a report that the cost to install solar power during the first quarter of the year reached a record low because of higher efficiencies, lower labor costs and the decline in the price for photovoltaic components.For utility-scale projects, those supplying energy to the nation's grid, the costs are down about 30 percent when compared with first quarter 2016."These results suggest that the DOE's SunShot Initiative, which was launched in 2011 to make solar cost-competitive with other forms of energy, has met its 2020 cost target for utility-scale solar sys...
North Korea’s nuclear program could be costing less than one US aircraft carrier

North Korea’s nuclear program could be costing less than one US aircraft carrier

Finance
When North Korea decided to go nuclear, it committed to a huge investment in a program that would bring severe sanctions and eat up precious resources that could have been spent boosting the nation's quality of life.Money well spent?Leader Kim Jong Un seems to think so.North Korea's nuclear and missile development programs have without doubt come at a high cost, but the North has managed to march ever closer to having an arsenal capable of attacking targets in the region and — as demonstrated by its July 4 test launch of an intercontinental ballistic missile — the United States' mainland.Good, solid figures for just about anything in North Korea are hard to find. So what follows should be taken as ballpark guesses, at best.But here's a look at how much that arsenal might cost Pyongyang, an