Sunday, October 30, 2016

Inventor's 'Ghost Boat' Will Not Be Bought By The Pentagon Nor Will They Permit Him To Sell It Abroad

Bloomberg: The Feds Won’t Buy This $19 Million Stealth Boat—or Let It Be Sold Abroad

With his patents under gag order, Gregory Sancoff is being ghosted by the government.

Self-made millionaire Gregory Sancoff has spent a decade and $19 million building a highly unusual stealth boat. Called Ghost, it’s designed to be faster, more stable, and more fuel-efficient than anything currently in the U.S. Navy’s fleet, he says. “It’s such a smooth ride, you can sit there and drink your coffee going through six-foot swells,” he proudly told Bloomberg Businessweek in 2014.

But there’s a problem: The Pentagon doesn’t want Sancoff’s boat—and also won’t let him sell it abroad.

Read more ....

Update: The US Navy - Screwing The Taxpayers, And Defense Innovators (Zero Hedge).

Previous Post: The Case For The Stealthy Warship Known As 'GHOST' (August 28, 2015)

WNU Editor: This story reminds me of the time when the Japanese were interested in buying the F-22 when the announcement was made that the production line was being terminated .... but the Pentagon said no. Rather lose jobs and markets if the technology gets out there (which has probably been stolen anyway).


fazman said...

Should be illegal, if they wont allow him to sell it then they should be forced to pay for the ship and all schematics.
If l was him ld move offshore to a non extradition country and sell it to one of many foreign powers who love it (iran?)

fazman said...
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