Aircraft carriers, UAV’s, Krugman and China

In 1994 Nobel Economic’s Prizes winner Professor Paul Krugman in his paper The Myth of Asia’s Miracle, contrasted the economies of the Soviet Union and the United States in the 1950’s.

Krugman took those experience which saw the Soviet economy grow faster than the United States in the post war years and applied this experience to the rise of China. Krugman argues that rapid economic expansion is relatively easy working from a low base, because all that is required is to pick the low hanging fruit.

It is he says, far more difficult to grow a mature industrial economy, as incremental growth in GDP is complex and expensive. Additionally Krugman argues that many economies have found it difficult to move from unsophisticated to sophisticated growth.

Much has been written in recent years about the demise of the US economy post GFC.

However it is interesting to note that the sophisticated development of GDP drivers identified by Krugman continue in United States. Their technological base is significant and their advantage over China is in the main vast.

While military technology has little immediate use for consumers the technological advancements flow through at some stage to the broader economy. Be it the Internet, Velcro, or airliners.

Last year the Chinese launched their first aircraft carrier, and landed their first aircraft upon it.

The United States reduced its supercarrier fleet to 10 and landed its first UAV on a carrier at sea.

The starkness of this technology gap, goes to support the views of Krugman in 1994. His paper is on the Shartru Wealth website at www.shartruwealth.com

May 14, 2013 was an extraordinary day for the Navy. The crew from USS George H.W. Bush launched the X-47B that morning off the coast of Virginia. The tailless, autonomous unmanned aircraft took to the skies, while the flight crew on deck celebrated this historic achievement.

Our Naval Air Forces Commander Vice Adm. David Buss called it “a watershed event” as he watched from the flight deck. He compared this event to aviation pioneer Eugene Ely’s first-ever landing on the deck of a ship in 1911.

In July, the UCAS-D team went to the ship and took testing one step further. This time, not only did we launch an unmanned air vehicle, but we successfully landed the X-47B on the ship. This was an event many of us couldn’t have imagined that we would have the opportunity to witness during our naval career.

An X-47B Unmanned Combat Air System (UCAS) demonstrator completes an arrested landing on the flight deck of the aircraft carrier USS George H.W. Bush (CVN 77), July 10.

After joining the program in October and having the privilege of leading a team of highly-motivated, dedicated and talented individuals, I had the opportunity to embark aboard USS Theodore Roosevelt (CVN 71) the following month. There was a tremendous amount of interest on the ship and the entire crew was excited to be part of the testing.

I felt that same excitement. In 2009, I served as the commanding officer of Air Test and Evaluation Squadron (VX) 23 at Naval Air Station Patuxent River and was involved in some of the early test coordination with the X-47B. At the time, operating the UAS from an aircraft carrier was still just a concept. There was still a lot of work ahead of the team.

But just five years later, here I was on the flight deck watching not one, but two X-47B aircraft operating in more complex conditions than ever before. It was our most successful detachment to date. We completed five catapults and five arrested landings in winds of higher magnitude and differing directions.

We closed out 2013 with a total of eight catapult launches, 30 touch-and-goes and seven arrested landings while aboard CVN77 and CVN71.

An X-47B Unmanned Combat Air System (UCAS) demonstrator flies near the aircraft carrier USS George H.W. Bush (CVN 77).

This year we have routinely flown X-47B at NAS Patuxent River. Continuing to fly the X-47B in the Patuxent River air space will further exercise the research, test, development and evaluation (RDT&E) infrastructure with an unmanned air system. These tests are a build-up for the next carrier event this summer aboard CVN 71.

When we go back to the ship in August, we will accomplish a new set of firsts for the X-47B. We’ll test the new capabilities of the X-47B wing-fold and tailhook retract system, and will demonstrate compatibility with a carrier jet-blast deflector on the flight deck for the first time. We will also focus on perfecting flight deck operations and integrating the unmanned system with manned aircraft.

Over the next year, we will continue X-47B flight operations to mature technologies for the future Unmanned Carrier Launched Airborne Surveillance and Strike system and refine the concept of operations to demonstrate the integration of unmanned carrier-based aircraft within the carrier environment.

It is extremely rewarding to see how far we have come with the X-47B in just a few short years. I look forward to the next chapter of unmanned carrier aviation and providing our warfighter with new capabilities that will extend the reach of our powerful aircraft carriers.

About Shartru Wealth

Shartru Wealth Management is the financial advice business within the Shartru Capital Group.

Shartru Wealth is Resi Home Loans joint venture partner in resi Financial Services.

Whether looking for the right investment strategy; advice on superannuation funds – including DIY Superannuation or Self-Managed Superannuation; personal insurance or how to get started with your first home loan, age care or estate planning – Shartru Wealth Management can help.

We work in partnership with our clients to provide financial advice to help you meet your individual financial goals and objectives.

We encourage our customers to build sustainable futures. That’s why we offer financial planning advice to ensure our customers prosper over the long term.

Shartru Wealth and resi Financial Services have points of representation in Sydney, Newcastle, Belmont, Bowral, Brisbane, Gold Coast, Melbourne and Perth

We look forward to welcoming you to Shartru Wealth Management. Resi Hornsby Telephone 0416 177 559 or [email protected]

Disclaimer: Published by Shartru Wealth Management Pty Ltd. ABN 46 158 536 871 AFSL 422409. The advice is general advice only and we have not considered your personal circumstances. Before making any decision on the basis of this advice you should consider if the advice is appropriate for you based on your particular circumstances.

Sources

By Capt. Beau Duarte – Unmanned Carrier Aviation program manager U.S. NAVY – MAY 14, 2014 POSTED IN: AVIATIONINSIDE THE NAVY

Paul Krugman – The Myth of Asia’s Miracle Foreign Affairs; Nov/Dec 1994; Vol.73, Iss. 6; pg. 62, 17 pgs

Disclaimer: Written by Andrew Meakin Shartru Wealth Management Pty Ltd. ABN 46 158 536 871 AFSL 422409. The advice is general advice only and we have not considered your personal circumstances. Before making any decision on the basis of this advice you should consider if the advice is appropriate for you based on your particular circumstances.

About Shartru Wealth

Shartru Wealth Management is the financial advice business within the Shartru Capital Group.

Shartru Wealth is Resi Home Loans joint venture partner in resi Financial Services.

Whether looking for the right investment strategy; advice on superannuation funds – including DIY Superannuation or Self-Managed Superannuation; personal insurance or how to get started with your first home loan, age care or estate planning – Shartru Wealth Management can help.

We work in partnership with our clients to provide financial advice to help you meet your individual financial goals and objectives.

We encourage our customers to build sustainable futures. That’s why we offer financial planning advice to ensure our customers prosper over the long term.

Shartru Wealth and resi Financial Services have points of representation in Sydney, Newcastle, Belmont, Bowral, Brisbane, Gold Coast, Melbourne and Perth

We look forward to welcoming you to Shartru Wealth Management.