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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: hclasvegas   😊 😞
Number: of 21944 
Subject: Re: Brk and cnbc,
Date: 08/13/25 8:05 AM
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LMT, wall st j, just in case,

" Details of the Trump administration's ambitious Golden Dome plan are starting to come to light, with defense contractors eager to grab a piece of the action. The proposed defense shield will reportedly consist of four integrated layers, one space-based and three on land, and 11 short-range missile batteries.

Dig deeper: The details, as reported by Reuters, were included in U.S. government presentation titled "Go Fast, Think Big!" that was shown to 3,000 contractors at an event in Alabama last week. The Golden Dome's space-based sensing and targeting layer would be for missile warning and tracking as well as missile defense. The other three layers would be land-based, consisting of missile interceptors, radar arrays, and potentially lasers.

The presentation mentioned a new large missile field, possibly in the Midwest, for Next Generation Interceptors made by Lockheed Martin (LMT). The new proposed site would be part of the Golden Dome's "upper layer," alongside Terminal High Altitude Area Defense (THAAD) Aegis systems made by Lockheed. The last lines of defense - the "under layer" and "Limited Area Defense" - would include new radars, current systems like the Patriot, and a new "common" interceptor launcher.

Looking ahead: President Donald Trump wants the Golden Dome to be operational by January 2029, although critics are skeptical of the timeline given the project's scale. The project draws inspiration from Israel's Iron Dome, but would be significantly bigger given the geography it would need to cover. It remains unclear how many launchers, interceptors, and ground stations would be needed for the system. The Trump administration said the project would likely cost $175B, but the Congressional Budget Office said the price tag could go up to $542B."
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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