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Hawaii 1st to receive new warships that pull onto beaches

Tuesday, February 23, 2021 | The Associated Press

HONOLULU (AP) — A new class of U.S. Navy vessel is expected to be deployed for the first time in Hawaii as part of a sweeping force redesign.

The Light Amphibious Warship can pull onto beaches and costs between $100 million and $130 million, the Honolulu Star-Advertiser reported.

The ships with lengths between 200 and 400 feet (61 and 122 meters) are part of a new U.S. Marine Corps Littoral Regiment, which will include troops with ship-killing missiles operating in small units from the islands dotting the Western Pacific.

The Light Amphibious Warships can carry 40 sailors and at least 75 Marines, with 4,000 to 8,000 square feet (372 to 743 square meters) of cargo area and a minimum unrefueled range of 3,500 nautical miles (6,482 kilometers), the Congressional Research Service said.

Littoral refers to operations around the shore, where equipment and personnel can be shifted from water to ground and back.

The Navy plans to operate 28 to 30 of the smaller amphibious ships, which are comparatively cheaper than a new destroyer costing more than $1.5 billion.

The number of the ships to be based in Hawaii and a possible site for practice landings remain unclear. Marine Littoral Regiments may also operate in Guam and Japan as counterweights to China’s growing naval fleet.

Lt. Gen. Eric Smith, head of the Marine Corps Combat Development Command, said on Feb. 10 that a variety of assets including the new, smaller vessels will allow Marines to rapidly distribute what amounts to reinforced, platoon-size elements with a big impact.

“In the past you think, ‘Well, there’s 75 Marines in location X. They’re not a threat,’” Smith said. “If I can sink one of your $1.5 billion warships with a $1.5 million missile, I am a threat.”


Top Ten Brokerages You Can Trust

There are more than 500 brokerages and research houses that hire analysts to issue ratings and recommendations. Collectively, these brokerages and their analysts publish approximately 250,000 ratings each year. Every trading day, there are nearly 700 reports and recommendations that are released to the public. To say that it's difficult to separate the signal from the noise when interpreting this data would be an understatement.

MarketBeat has developed a system to track each brokerage and research house's stock recommendations and score them based on their past performance. If Goldman Sachs predicted that Apple's stock price would hit $150.00 on a specific date, how accurate were they? If Bank of America issued a "strong-buy" rating on a stock, how did that stock perform compared to the broader market over the following twelve months? This tracking system has been applied to the 1,000,000+ ratings that MarketBeat has tracked during the last ten years to identify which brokerages you can really trust (and which you can safely ignore).

This slide show lists the 10 brokerages who have issued the most accurate analyst recommendations over the past several years, as measured by the performance of their "buy" ratings and the accuracy of their price targets.

View the "Top Ten Brokerages You Can Trust".

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