U.S. Navy To Convert Oil Rigs Into Offshore Military Bases To Counter China In The Pacific

U.S. Navy To Convert Oil Rigs Into Offshore Military Bases To Counter China In The Pacific

"...Rising missile threats in the Pacific, particularly from China, have seemingly prompted the US Navy to launch an innovative yet contentious proposal to convert old oil rigs into mobile missile defence and resupply stations.

Gibbs & Cox, a Leidos company, disclosed the initiative at this year’s Sea Air Space expo in Washington, DC.

The Mobile Defense/Depot Platform notion is devised to convert oil platforms into huge..."

Reference: www.marineinsight.com .

Lockheed Missile-System Funds Are Withheld Until Program's Fate Is Decided

Lockheed Missile-System Funds Are Withheld Until Program's Fate Is Decided

"...The Pentagon can’t spend more than 25 percent of the money it requested this fiscal year for a Lockheed Martin Corp. mobile missile defense system until it decides whether to terminate the $30 billion program, according to lawmakers. ..."

Reference: www.bloomberg.com .