Raytheon Standard Missile-2 Intercept Demonstrates Near-Term, Sea-Based Terminal Capability

KAUAI, Hawaii , June 5, 2008 /PRNewswire/ -- PACIFIC MISSILE RANGE FACILITY -- Two Raytheon Company (NYSE: RTN)-built Standard Missile-2 Block IV missiles successfully intercepted and destroyed a short-range ballistic missile target above the Pacific Ocean June 5 . The successful engagement demonstrated a near- term, sea-based capability for stopping threat ballistic missiles in their terminal or final phase of flight.

The short-range ballistic missile target was launched from the Mobile Launch Platform operating off the coast of Kauai on the Pacific Missile Range Facility while the crew of the guided missile cruiser USS Lake Erie (CG-70) fired the modified SM-2 Block IV surface-to-air missiles.

"This intercept is a major step toward deploying a viable sea-based capability to stop threat ballistic missiles in the final moments before they strike," said Frank Wyatt , Raytheon Missile Systems vice president of Naval Weapon Systems. "SM-2 Block IV can destroy incoming missiles through either direct impact or by exploding close to the target."

This was the second test of a modified SM-2 Block IV and the first to use an operational version of the Aegis Ballistic Missile Defense combat system that includes the terminal BMD mission capability.

Raytheon also produces Standard Missile-3 designed to defend against short-to-intermediate range ballistic missile threats in the midcourse phase of flight as well as the Exoatmospheric Kill Vehicle, a key element of the U.S. Army's Ground-based Midcourse Defense program.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 86 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass. , Raytheon employs 72,000 people worldwide.

SOURCE Raytheon Company