Darth Vader Beware: U.S. Navy Has a New Ray Gun

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With a little help from its friends at Northrop Grumman  and Raytheon , the U.S. Navy has just developed a workable laser cannon that costs less than $1 to shoot. Is this the weapon that helps turn the tide on rising U.S. defense spending? Is it the weapon that helps turn the table on bad guys using their "asymmetric warfare" tactics of IEDs and carrier-killing missiles?

Perhaps. Motley Fool contributor Rich Smith explains...

Boeing operates as a major player in a multi-billion-dollar defense market in which the opportunities and responsibilities are absolutely massive. However, emerging competitors and the company's execution problems have investors wondering whether Boeing will live up to its shareholder responsibilities. In our premium research report on the company, two of The Motley Fool's best minds on industrials have collaborated to provide investors with the key, must-know issues surrounding Boeing. They'll be updating the report as key news hits, so don't miss out -- simply click here now to claim your copy today.

The article Darth Vader Beware: U.S. Navy Has a New Ray Gun originally appeared on Fool.com.

Motley Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin, Northrop Grumman, and Raytheon Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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