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Business/Financial

Raytheon’s SM-3 On Target In Latest Test

DDN

Friday, October 30th, 2009

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By Geoff Fein Wednesday's latest test of the Aegis Ballistic Missile Defense (BMD) continued to demonstrate the success of Raytheon's [RTN] Standard Missile-3 (SM- 3), and was the second positive test this month for the company's SM family. "It couldn't have gone any more picture perfect than it went last night [Wednesday]," Frank Wyatt, vice president of Raytheon naval weapon systems, told Defense Daily Wednesday. The crew aboard the Japanese destroyer JS Myoko (DDG-175) executed the mission perfectly, he added.…

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