Russia Lures International Arms Buyers With Half-Priced, More Effective Missile System
Russia has been pitching a rival missile platform that costs half of those made by US companies, reports CNBC, which has resulted in several countries dealing with the Kremlin "despite the potential for blowback."
The Russian S-400 mobile long-range surface-to-air missile system costs around $500 million, vs. the $1 billion price tag for a US-made Raytheon Patriot Pac-2 battery, while a THAAD battery made by Lockheed Martin costs just about $3 billion, according to people with first-hand knowledge of a US intelligence assessment.
Nearly 13 countries have expressed interest in buying Russia's S-400, a move that could trigger potential U.S. sanctions under the Countering America's Adversaries Through Sanctions Act, which President Donald Trump signed in August 2017. In September, the U.S. slapped sanctions on China for buying fighter jets and missiles from Russia. However, the U.S. could grant sanction waivers. -CNBC
Turkey, meanwhile, may be hit with US sanctions over their decision to purchase the S-400 defense system, which the United States says poses a risk to its F-35 fifth generation stealth fighter platform.
https://www.zerohedge.com/news/2018-11-19/russia-lures-international-arms-buyers-half-priced-more-effective-missile-system
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