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The AGM-114 Hellfire is an American missile developed for anti-armor use, [6] later developed for precision [7] drone strikes against other target types, especially high-value targets. [8] It was originally developed under the name " Heliborne laser, fire-and-forget missile", which led to the colloquial name "Hellfire" ultimately becoming the ...
Risk of loss is a term used in the law of contracts to determine which party should bear the burden of risk for damage occurring to goods after the sale has been completed, but before delivery has occurred. Such considerations generally come into play after the contract is formed but before buyer receives goods, something bad happens.
Hazard control methods at the top of the graphic are potentially more effective and protective than those at the bottom. Following this hierarchy of controls normally leads to the implementation of inherently safer systems, where the risk of illness or injury has been substantially reduced. [1]
Since in order to reach an object in orbit it is necessary to attain an extremely high velocity, their released kinetic energy alone is enough to destroy their target; explosives are not necessary. For example: the energy of TNT is 4.6 MJ/kg, and the energy of a kinetic kill vehicle with a closing speed of 10 km/s (22,000 mph) is 50 MJ/kg.
The result is a monetary value in the same unit as the single-loss expectancy is expressed (euros, dollars, yens, etc.): exposure factor is the subjective, potential percentage of loss to a specific asset if a specific threat is realized. The exposure factor is a subjective value that the person assessing risk must define.
Along the way, the term probable maximum loss (or PML) came into use, but had many different definitions based on the risk tolerance of various lenders and owners. Other entities, recognizing the need to limit seismic risk while remaining competitive also adopted “PML” policies which were less defined.
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