moved and stopped across the horizon at incredible rate of speed

Traveling north on RT#162 during potato harvest season; saw blinking red light travel at incredible speed across horizon-faster than any jet I've seen-was "chased" by two other aircraft.  First "aircraft" would stop and hover at will, then take off at incredible speed in opposite direction of two approaching chase aircraft, in a "teasing" manner.  For a few years, assumed the whole thing was "Uncle Sam's" new toy from now closed Loring AFB, but recently heard someone else relate a similar experience, and realize it could be something different...The two chase aircraft appear to have been jets that needed large area of sky to turn around, while the first one had characteristics of a helicopter, but faster than the jets...