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Business/Financial

Navy Uses Aegis/SM-3 To Take Down Dead Intel Satellite; Fuel Tank Likely Destroyed

DDN

Friday, February 22nd, 2008

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By Dave Ahearn The Navy Wednesday night obliterated a nonfunctional intelligence satellite using the Lockheed Martin [LMT] Aegis weapon control system and a Raytheon [RTN] Standard Missile-3 fired from a Navy ballistic missile defense (BMD) cruiser, the USS Lake Erie (CG-70). That SM-3 interceptor scored a direct hit on the satellite, and more importantly it likely demolished a tank filled with 1,000 pounds of dangerous hydrazine propellant fuel. President Bush--fearing that the failed satellite would tumble out of control when…

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Budget

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