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Business/Financial

Raytheon Sees Vast New Opportunity For Standard Missile-3 Marketing With Land-Based SM-3s In VLS Tubes

DDN

Monday, March 23rd, 2009

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The United States could gain a premier land-based missile defense interceptor, quickly and at low cost, merely by making the currently sea-based Standard Missile-3 (SM-3) interceptors land-based assets as well, according to Mike Booen, Raytheon Co. [RTN] vice president of advanced missile defense and directed energy weapons. In surveying the immense overall U.S. missile defense system, the SM-3 is proven to work well with other parts of the total multilayered missile defense system, he noted. The Standard Missile-3 has an…

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