Before Operation Epic Fury began, corporate media published a few very concerning headlines:
Fast forward to Monday afternoon: Operation Epic Fury against Iran has entered its 10th day. Jared Cohen, President of Global Affairs and Co-Head of the Goldman Sachs Global Institute, warned investors on the GS Weekend Macro Call that regional spillover risks worldwide were among his top concerns.
Latest headlines in the Middle East:
Iran Signals 'Fight To The End' Under New Ayatollah, As US Struggles To Define Israeli-Coordinated Endgame
"Let Them Keep Playing Games": Iran Warns Of $200 Crude Oil
G-7 Leaders Reject SPR Release Plan, But 'Stand Ready' After Initial Jawbone Efforts Fade
The focus of this note is not the energy market or global spillover risks. Rather, it is the fact that DARPA found time to publish a press release about an experimental aircraft with a historic lineage of X-planes.
DARPA said the new aircraft, called the X-76 and being built by Bell Textron, is designed to solve one of military aviation’s biggest trade-offs: combining airplane-like speed with helicopter-like runway independence.
The program, run jointly with U.S. Special Operations Command, aims to produce an aircraft that can cruise above 400 knots, hover in austere environments, and operate from unprepared surfaces.
DARPA said the X-76 has passed the Critical Design Review, and the program is moving into manufacturing, integration, assembly, and ground testing.
Source: ZeroHedge News