Friday, July 31, 2009

E-2D Advanced Hawkeye for some $232 million

A major step forward for surveillance and reconnaissance, the Advanced Hawkeye's powerful new radar system will increase the range of territory an aircraft can monitor by 300%. "It can probably watch the pistachios pop in Iran," an analyst for the think tank Lexington Institute told National Defense in July. Though development of the plane is on track and two test versions have been delivered to the Navy, budget cuts may keep the planes grounded for at least a year longer than planned.

Thursday, July 30, 2009

F-35 Lightning II: $122 million

Lockheed Martin's 2001 deal to build these stealth, supersonic fighter jets was at the time the largest military contract ever. The F-35s, intended to replace an aging aircraft arsenal, were developed as part of a Joint Strike Fighter program between the U.S. and its allies and were criticized as underpowered and overweight — and therefore easy targets. Making matters worse, from 2007 to 2008, cyberspies infiltrated the 7.5 million lines of computer code that powered the Joint Strike Fighter, raising concerns that enemies could copy the F-35's design and exploit its weaknesses. In April 2009, Lockheed Martin said it did not believe the program had been compromised.

Tuesday, July 28, 2009

V-22 Osprey

V-22 Osprey is a tiltrotor aircraft comes for around $118 million and takes off and lands like a helicopter but can fly faster and farther like a fixed-wing plane, was first used in combat in Iraq in 2007. The Osprey's production has been bedeviled by design and construction problems: the craft claimed the lives of at least 30 Marines and civilians during its development alone (former Vice President Dick Cheney tried repeatedly to ground the plane). Still, because of its range and versatility, the Marine Corps plans to deploy a squadron of V-22s to Afghanistan by the end of the year.

Monday, July 27, 2009

EA-18G Growler

Hot off the presses, the Growler is a lightly armed version of the F/A-18 fighter that has been updated for electronic warfare (it is currently being delivered to the Navy). Growlers are capable of not only finding and disrupting anti-aircraft radar, but also jamming enemy communications and they come for a hefty $102 million per plane.

Friday, July 24, 2009

F/A 18 Hornet

First entering service in the 1980s, the twin-engine fighter plane F/A 18 Hornet was the US's first strike fighter — an aircraft capable of attacking both ground and aerial targets. It has seen action in Operation Desert Storm and as the aircraft of the Navy's Blue Angels Flight Demonstration Squadron. The F/A-18 is also used by Canada, Australia, Finland, Kuwait, Malaysia, Spain & Switzerland and comes for US$94 million.

Wednesday, July 22, 2009

Patek Philippe Sky Moon Tourbillon

A platinum Patek Philippe tourbillon watch became the most expensive modern wristwatch to be sold at auction when it fetched HK$11.75 million ($1.49 million) in Hong Kong on April 10, 2008.

The "Ref. 5002 P Sky Moon Tourbillon" wristwatch with a double dial is considered the most complicated wristwatch ever produced by the renowned Swiss watchmaker. Only two such watches are made every year, one in platinum and one in rose gold. The watch, made in 2003, was bought by an Asian private buyer at the Sotheby's auction.

The previous auction record for a modern wristwatch was a Vacheron Constantin Tour de l'Ile, ranked 2nd on this list, which was sold by the auction house Antiquorum for $1.4 million in Geneva in 2005.

The Sky Moon Tourbillon Ref. 5002 is the most complicated wristwatch ever produced by Patek Philippe and also the workshop's first double-face wristwatch. Its movement consists of 686 parts, some of which are microscopically small. This rare and exceptional timepiece features mechanical movement that must be manually wound, a minute repeater with tourbillon escapement, chime with two “cathedral“ gongs activated by a slide piece in the case, perpetual calendar with retrograde date hand, hours and minutes of mean solar time, day, month, leap year by hands and moon age. The platinum case measures 42.8 mm.

Thursday, July 16, 2009

Dunellan Hall: America's most expensive homes

Dunnellen Hall in Greenwich, Connecticut, is a $75 million (down from $125 million) home on 40 acres of rolling hills, with lawns and meadows broken up by tree lines that provide privacy, this Jacobean manor has 21,897 square feet, 14 bedrooms and 13 bathrooms. Vaulted ceilings, travertine marble floors, bay windows, limestone walls and wood paneling are notable interior features, as is a 52-foot-long indoor swimming pool.

Wednesday, July 15, 2009

The Most Expensive Wine

Christie's, the famous auction house in London, sold a 18th century Chateau Lafite (1787) in 1985 for $160,000 and according to Guinness Book of World Records it's still the Most Expensive Wine In The World. It's great age alone has ensured it a great price. The bottle was basically a Bordeaux and bears Thomas Jefferson's inituals etched into the glass, a practice not that unusual in the 18th century when large purchases were made directly from the Chateau.

Tuesday, July 14, 2009

Updown court





It's so huge that you will have to shed 1 million pounds a year to just run this damn thing. Located 25 miles outside of London, the estate’s neighbours are the Duchess of York, Elton John and at nearby Windsor Castle, the Queen. So, what exactly would you get for your money? Well, you know, just the basic:
  • 103 rooms
  • five swimming pools
  • 50-seat screening room
  • 24-carat-gold leafing flooring
  • squash court
  • bowling alley
  • all-weather, floodlit tennis courts
  • 58-acre estate
  • 22 bedroom and bathroom suites
  • Gate lodge
  • estate manager’s office
  • Private cinema
  • Stables
  • Heated marble driveway
  • Underground garaging for eight limousines
  • a shooting gallery
  • 30 self-contained luxury apartments
The master bedroom has its own swimming pool accessed by a private glass lift. The roof has an infinity pool and hot tub encased by a glass barrier that allowed sky and water to meet. The reception hall occupies a footprint larger than most five-bedroom houses. It is dominated by marble columns and a sweeping double staircase modelled on one owned by fashion designer Versace. The owner of Updown Court is multi-billionaire crown prince of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. The racehorse owner, who already owns a property in Chertsey in Surrey, is expected to entertain official guests at the mansion.

Monday, July 13, 2009

Vacherin Constantin

Swiss watchmaker Vacherin Constantin marked its 250th anniversary in 2005 by creating some 7 pieces of the Most Complicated Watch In The World - Tour de l’Ile, which costs around U$1.5 million. It took around 10,000 hours of research to create the watch with features like double face, minute repeater, sunset time, perpetual calendar, second time zone, a tourbillon device, the equation of time and a representation of the night sky.

Friday, July 10, 2009

Most Expensive Ferrari

James Coburn’s 1961 Ferrari 250 GT SWB California Spyder which was sold in May 2008 for $10,894,900 at the RM Auctions/Sotheby’s Ferrari Legend and Passion auction, the Ferrari 250 GT owned by the former Magnificent Seven star was, like Glickenhaus’ P4/5, designed by Pininfarina. In fact, the latest line of Ferraris, also designed by Pininfarina, has been named “California” in honor of Coburn’s car.

Thursday, July 9, 2009

Bugatti Veyron: One of the most expensive cars

Priced at US$ 1,700,000 Bugatti Veyron is most expensive car available in the market today in the world. Veyron has the fastest acceleration in the world reaching 0-60 in in just 2.6 secs. The company claims it to be the fastest car with a top speed of 253 mph. However, the title for the fastest car has gone to the SSC Ultimate Aero which exceeded 253 mph pushing Bugatti Veyron to the 2nd place.