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16 Dec 2023 — 4 min read

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German Air Force Upgrades:

The German Air Force, known as the Luftwaffe, has initiated a project (through Airbus) to transform some of its Eurofighter Typhoon fighters into specialized electronic attack aircraft, dubbed Typhoon-EK. This initiative, costing approximately 384 million euros, is aimed at replacing the aging Tornado ECR electronic attack jets. The Typhoon-EK's role includes locating and neutralizing enemy radars using advanced electronic warfare techniques.
The transformation involves significant technical modifications, including the addition of new electronic warfare systems and missile capabilities. However, there are limitations in the initial configuration of Typhoon-EK, particularly in its broader jamming capabilities. While the aircraft will have self-defense jammers, its initial lack of escort jamming capacity could restrict its effectiveness in protecting other aircraft.
The development of Typhoon-EK is a complex undertaking, reflecting Germany's evolving defense strategy and technological capabilities. This move underscores the importance of electronic warfare in modern military operations, especially in countering sophisticated air defense systems.

Costco Gold Sales:

Costco, known for bulk sales, recently found success in selling gold bars, with $100 million worth sold in the recent quarter. Amid economic uncertainty, Costco started offering 1oz 24-karat gold bars online in September, available exclusively to its 72 million members.
These gold bars typically sell out within hours. While prices are member-exclusive, they're reportedly just under $2,000, slightly lower than the market rate. Besides affordable items, Costco also sells high-value collectibles like autographed sports collectibles, including a $20,000 Babe Ruth card and a $250,000 Mickey Mantle rookie card.

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