So basically Phoenix II. And then some, much more advanced. Depending on launch speed and altitude I wouldn't be surprised if this thing can reach out to 200 miles. I’d imagine it’d easily kill a Mainstay at that range if, like you mention, launched at 50K feet and Mach 2+. And the US Navy doesn't have a fighter that will do Mach 2 at 50k, especially not hauling 2 of those monsters (and you better have some drop tanks trying to get as fast, high and far from the carrier as you can)
US federal spending per person per year, in constant 2025 dollars: 1925 - $153.00 2025 - $20,497.00
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