China is the second biggest economic powerhouse and if the latest data posted on World Economy Outlook by International Monetary Fund (IMF) is reliable, the date of China becoming the new economic leader could be in 2016, leaving United States behind. But even though China can realize the dream of becoming the new economic powerhouse by then, it will still miles behind United States militarily.
United States’s military expenditure in 2010 was about $687 billion or roughly 4.7% its 2009’s GDP. China, on the other hand spent about $114 billion or merely 2.2% its GDP for the same period. No other country on earth has a larger defense budget than the United States. A lot of this money is spent on tanks, aircraft and carrier. Here are 10 most expensive U.S. military vehicles.
USS George H.W. Bush (CVN-77)
Cost: $6.2 billion (2001)
Short-Note: Named after World War II veteran and former President of the United States, George H. W. Bush, the USS George H.W. Bush (CVN-77) is the final Nimitz super-carrier to be produced for the US Navy. It was commissioned in 2001 and built by Northrop Grumman for a cost of $6.2 billion.
The carrier was completed in 2009, and is docked in Virginia. At almost 1,100 feet in length, it’s one of the longest warships in the world. Its top speed is over 30 knots, which it reaches with the help of two onboard nuclear reactors. This power source is capable of keeping the ship running for more than twenty years without once having to refuel.
Northrop Grumman B-2 Spirit
Cost: $2 billion per unit
Short-Note: The Northrop Grumman B-2 Spirit, better known as the Stealth Bomber, can launch conventional and nuclear weapons against the most heavily protected enemy lines on earth thanks to its ability to evade radar detection. Originally, it was supposed to be manufactured in a run of 132, but it was so expensive that the initial 1987 order was slashed to 21 only.
The cost of the B-2 program in 1997 was $737 million, or just over $1 billion today. Combined with procurement costs, the B-2 Spirit costs over $2 billion. The craft was first used during the Kosovo War in 1999, and it has been used successfully in Iraq and Afghanistan as well. They have also been used during the recent 2011 Libyan uprising.
Grumman E-2D Advanced Hawkeye
Cost: $232 million per unit
Short-Note: The E-2 Hawkeye is an airborne early warning aircraft that dates back to the 1960s. It has been upgraded to the E-2B and E-2C models when advances were made to its radar and communications capabilities, but the most recent model, the E-2D Advanced Hawkeye, is the most sophisticated yet. It features a new radar system that triples the craft’s ability to monitor territory.
The E-2D Advanced Hawkeye, which took its first flight in 2007. It features a brand new avionics suite, complete with satellite communications capability, and the capability for midair refueling. According to Northrup Grumman, the aircraft began delivery to the US Navy in 2010.
Boeing C-17 Globemaster III
Cost: $191 million per unit
Short-Note: The C17A Globemaster III is a military transport aircraft in operation since 1993. The plane, which can drop over 100 paratroopers into a war zone at one time, has been used to move troops into Iraq and Afghanistan, and has also been used to deliver humanitarian aid and perform medical evacuations.
McDonnell Douglas developed it during the 1980s for strategic and tactical airlift, and it’s used by the militaries of the U . K . and Canada, as well as by NATO. Both the United Arab Emirates and India are planning to use the aircraft as well.
Lockheed Martin F-22 Raptor
Cost: $150 million per unit
Short-Note: According to its manufacturer, Lockheed Martin, the F-22 Raptor is the best combat aircraft on earth. While this might seem tantamount to saying your son is brilliant, one look at the aircraft’s capabilities actually bears out the manufacturer’s statement. It can break the sound barrier, it can avoid detection by radar and it can shoot down cruise missiles.
Unfortunately, an Air Force budget document estimated that one unit costs $150 million, with an overall program cost of $65 billion. The high price inspired the Defense Department to call for the program’s end in 2009. The Senate voted to end it in July of that year, and when the military policy bill was signed into law three months later, funding for further production of the F-22 had been cut.
Lockheed Martin F-35 Lightning II
Cost: $122 million per unit
Short-Note: The F-35 Lightning II was developed as part of a joint program between the US, the UK and other allies known as the Joint Strike Fighter program. It was developed for use in air, ground and reconnaissance missions, it has a wingspan of 35 feet and a length of over 51 feet. Its internal fuel capacity is over 18,000 pounds and it can reach speeds of 1,200 miles per hour.
The F-35 Lightning II is armed with a 4-barreled Gatling cannon and eight types of missiles, and if all else fails, it also has a B61 nuclear bomb. The US plans to purchase over 2,000 units, at a cost of $323 billion. When this deal was cut in 2001, it made Lockheed Martin the recipient of the largest military contract in history. I’m sure China would like to have one to learn its technology.
Bell-Boeing V-22 Osprey
Cost: $67 million per unit
Short-Note: The Bell-Boeing V-22 Osprey is a versatile aircraft with vertical takeoff and landing capabilities similar to those of a helicopter. However, it’s much faster than any existing chopper and it can fly at speeds as high as those of conventional turboprop airplanes. It was first used for combat in 2007 in Iraq, and the Marine Corps intends to use them in Afghanistan by late 2011. Unfortunately, the Osprey was plagued by a series of accidents during its design and testing phase between 1991 and 2000, and during that period the aircraft was involved in multiple accidents that caused thirty fatalities. Since 2008, the Osprey program has cost $27 billion, and as of 2010, each unit has cost $67 million.
Boeing EA-18G Growler
Cost: $67 million per unit
Short-Note: The Boeing EA-18G Growler is a carrier-based fighter used for electronic warfare. It can disrupt radar and jam an enemy communication system with electromagnetic radiation and directed-energy weapons. Because of its use as an electronic warfare fighter, it carries no guns, although it carries missiles for self-defense.
The Growler is a modified version of the F/A-18F Super Hornet, and it’s relatively new; it went into production in 2007 and only began operating in September 2009. The aircraft has a wingspan of over 44 feet and a length of over 60 feet. The design was rather boring and common but then its mission was to jam enemy’s radar, not sure if it played any part in the recent killing of Osama bin Laden inside Pakistan’s territory.
McDonnell Douglas F/A-18 Hornet
Cost: $57 million per unit (2006)
Short-Note: The F/A-18 Hornet was introduced by McDonnell Douglas and is manufactured by Boeing, who acquired the company in 1997. After making it maiden voyage in 1978, it was introduced in 1983 and since then, it has been used in a variety of capacities. It was used in Operation Desert Storm, and it’s the featured aircraft of the Blue Angels, the U.S. Navy’s Flight Demonstration Squadron. However, its primary functions are reconnaissance and air support.
The Hornet can reach a maximum speed of 1190 miles per hour, and it can climb up to 50,000 feet in a minute. Outside of the US, the fighter is used by the armed forces of such countries as Australia, Canada and Switzerland, and it has appeared in the 1996 science fiction film Independence Day as the aircraft used to defeat the alien menace.
Expeditionary Fighting Vehicle
Cost: $22 million per unit
Short-Note: The Expeditionary Fighting Vehicle had its fifteen minutes of fame when 2008 presidential candidate John McCain cited the amphibious assault vehicle as the basis for a costly program that was wasting billions of taxpayer dollars. Developed for the US Marine Corps, it is deployed at sea and transports a full marine rifle squad to shore, then operates on land with the full capabilities of a tank.
The Expeditionary Fighting Vehicle is manufactured by General Dynamics. To date, the program, which is expected to be complete in 2015, has a project cost of $15 billion, $3 billion of which has already been spent. The Bowles-Simpson Commission has recommended that the program be cancelled, and Secretary of Defense Gates said in January 2011 that he believes the program should end.
Other Articles That May Interest You …
- Just How Much Is $14.3 Trillion, US Debt Ceiling?
- Did NATO Strike Really Killed Gaddafi’s Youngest Son?
- The 10 Expensive Mistakes That You May Not Know
- China To Become New Economic Powerhouse in 2016?
- How Obama Wish the China’s Economy Is at His Backyard
- 8 Facts US Economy Recovery is still Going Nowhere
- Wake-up, Prepare Your Kids for China
May 26th, 2011 by financetwitter
|
Comments
Add your comment now.
Leave a Reply