Navy Confirms That UFO Videos Are Real

I don't think anyone doubted whether the video was real, but just in case:

     The Navy says spectacular footage released in 2017 that shows 'unexplained aerial phenomena' is authentic. 

     The clips were first published by The New York Times in December of that year and were recorded by Department of Defense officials on two separate occasions. 

     One clip was recorded near San Diego, California back in 2004, while a second video was captured off the coast of Jacksonville, Florida in 2015. 

     Several months after those videos were published, To The Stars Academy released an additional video from the 2015 incident, which features a navy pilot remarking: 'What the f--k is that thing?' 

     On Tuesday, the Navy confirmed the authenticity of the videos for the first time. 

So my question is this: if we have this fantastic technology, why are we wasting millions and billions of taxpayer dollars on other propulsion technology and aircraft? It reminds me of how the Nazis wasted so much money and resources in World War II on overlapping and competing programs to make "super weapons". This is not just a matter of national security but one of public finances.