Free Republic

The Extended Range Attack Munition aims to give Ukraine a badly needed capability boost in its ability to strike over hundreds of miles. A RENDERING OF A GROUP OF NOTIONAL LOWER-COST AIR-LAUNCHED STAND-OFF MUNITIONS. LOCKHEED MARTIN ====================================================================== The U.S. Air Force has disclosed that Ukraine is the intended recipient of a new relatively low-cost precision-guided air-launched stand-off munition it is looking to start development of called the Extended Range Attack Munition (ERAM). ERAM, which could have a range of up to 250 miles, would give the Ukrainian Air Force new capacity to strike targets beyond the reach of many of...

Iran announced on Sunday that it has discovered a new natural gas reserve with the capacity to produce nearly 400 million barrels of gas condensate, which could generate a total of $40 billion. The natural gas field, named Eram, is located near the Persian Gulf in the southwestern province of Fars and holds about 19 trillion cubic feet of gas, National Iranian Oil Company (NIOC) Deputy Managing Director Reza Dehghan said at a press conference. "We have the potential to identify more undiscovered oil and gas reserves (in the country) by using geophysical exploration techniques and discovery drilling and will...