Pentagon Study Highlights REE Supply
Source: Bloomberg, Gopal Ratnam (8/23/11)
"The F-35 Joint Strike Fighter is among 36 weapons that use high-powered magnets made from imported rare-earth material."
Lockheed Martin Corp.'s F-35 Joint Strike Fighter is among 36 weapons that use high-powered magnets made from imported rare-earth material, mostly from China, according to a U.S. Defense Department study that also predicts adequate domestic supplies by 2015.
The study, ordered by Congress, found that in addition to the Air Force's F-35 and F-22 jets, the Navy's DDG-51 destroyer, the Army's Bradley armored vehicle and missiles such as the AIM- 9X Sidewinder are weapons that use neodymium iron-boron magnets made from rare-earth material. The weapons makers include top contractors such as Lockheed, Raytheon Co., General Dynamics Corp., and Huntington Ingalls Industries Inc. . .View full article