Raytheon Completes First Flight Test of Improved SM-3
"...PACIFIC MISSILE RANGE FACILITY, KAUAI, Hawaii, May 10, 2012 /PRNewswire/ -- Raytheon Company (NYSE: RTN) completed the first successful flight test of the Standard Missile-3 Block IB, which is the cornerstone of phase two of the administration's Phased Adaptive Approach (PAA). This is the 20th successful intercept for Raytheon's SM-3 program. ..."
Reference: raytheon.mediaroom.com .