KTOS - China denies hypersonic missile test but report could spur U.S. spending

Hypersonic missiles are on the radar following a report from the Financial Times stating that the country conducted a nuclear-capable glide vehicle test in August that "circled the globe in low-Earth orbit." The missile missed its target by "about two-dozen miles," but the "advanced space capability caught U.S. intelligence by surprise," according to the five unnamed sources. China has denied the latest headlines, claiming instead that it was carrying out a spacecraft check focused on reusable technology. Quote: "We watch closely China's development of armament, advanced capabilities and systems that will only increase tensions in the region," Defense Secretary Lloyd Austin said on Monday, without commenting on the report. According to the FT, this test showed two alarming advances by China. The first is a Fractional Orbital Bombardment System, which means the country could, in theory, send missiles over the South Pole (most U.S. defense systems are concentrated along the

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China denies hypersonic missile test, but report could spur U.S. spending