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4-Traders Homepage  >  Equities  >  Nyse  >  Raytheon Company    RTN

Delayed Quote. Delayed  - 05/27 10:02:01 pm
130.22 USD   +0.15%
05/27 RAYTHEON : Standard Missile-3 flight test validates engineering upgr..
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05/27 RAYTHEON : Standard Missile-3 flight test validates engineering upgr..
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Raytheon : Standard Missile-3 flight test validates engineering upgrade

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05/27/2016 | 03:45pm CEST

Release date- 26052016 - PACIFIC MISSILE RANGE FACILITY, Hawaii - Raytheon Company and the Missile Defense Agency completed a successful flight test of an improved Standard Missile-3 Block IB third stage rocket motor.

The mission confirmed effective in-flight performance of the upgrade, which previously succeeded in all ground testing. The upgrade will be integrated into the current missile production line.

'Raytheon is continually working to increase the overall reliability of the highly dependable SM-3, reflecting the MDA's commitment to mature this capability for the defense of our nation, deployed forces, and our allies,' said Dr. Mitch Stevison, Raytheon Air & Missile Defense vice president. 'SM-3 continues to demonstrate its versatility and reliability, providing an extraordinary level of protection from sea or land.'

During the mission at the U.S. Navy's Pacific Missile Range Facility in Hawaii, sailors on board the USS Hopper launched two SM-3 Block IBs. Target intercepts were not included in the scenarios.

About the Standard Missile-3

SM-3 destroys incoming ballistic missile threats in space using nothing more than sheer impact, equivalent to a 10-ton truck traveling at 600 mph.

More than 250 SM-3s have been delivered to date.

SM-3 Block IB is deployed at sea and ashore

SM-3 Block IIA is on track for deployment at sea and ashore in Poland in the 2018 timeframe

About Raytheon

Raytheon Company (NYSE: RTN), with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Visit us at www.raytheon.com.

Media Contact:

Amanda Schildt

Tel: +1.571.305.3915

Email: rmspr@raytheon.com

(c) 2016 Electronic News Publishing -, source ENP Newswire

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