Back in the day it was noted a 150 million dollar missile taking out a 40 million fighter is a bad trade-off. Well things have changed in the war strategy. Hence, the Peregrine missile by Raytheon as a medium range missile taking out relatively inexpensive drones is the trade-off. This missile is not what it cost versus the cost of the target but the value of what it can do. If it can sink a $100 million in potential value or eliminate a billion in risk from drones, then the Peregrine missile is a great value when it strikes a drone. A drone is a poor man's sword and the Peregrine is a rich man's cane for a beating to be given. The F-35 can hold more Peregrine missiles than a AMRAAM held in a 4+ fighter. A silver bullet is better than a less expensive drone that can stop an oil field from delivery of world economy.
The Peregrine missile from Raytheon is such an investment. A million here or million there pretty soon terrorist are defanged and the defense of this nation is intact. Its cost will come down as thousands of Peregrines are produced in mass for a revolving delivery system at a jet near you. The versatility is the key. It can take out weapons from a drone or an adversary's attack jet on the same dime and with everything in between no longer in play on the battle space
It's six feet long and 150 lbs.
Flightglobal:
"The missile gains its manoeuvrability through thrust vectoring technology that is similar to what is used on the AIM-9X, says Noyes. He declines to say the missile’s exact range. The AMRAAM has a range of more than 17.4nm (32km), according to the USAF."
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