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by pmorici 4448 days ago
When they said that my immediate thought was, yeah a US missile costs millions but is that is representative of the cost of production of a Chinese missile? America's enemies don't buy their missiles from American defense contractors. They already produce electronics a good deal cheaper than the US and that isn't even considering the beltway bandit markup.

Also all the comments saying that this is cheap compared to some other US weapon that is probably similarly overpriced are just silly. These sorts of things are not subject to the kind of competition that normal goods are. Just look at the cost of space flight for companies like SpaceX and Virgin Galactic compared to NASA's which relied on defense contractors until SpaceX came along.

http://www.reuters.com/article/2013/09/27/us-turkey-china-de...