Raytheon, Rafael Selected for Short-Range Ballistic Missile Defense Interceptor Development

(TUCSON, Ariz., May 24, 2006) -- Raytheon Company and Rafael Armament Development Authority have been selected to develop a new terminal missile defense interceptor to defeat a variety of low-cost, short-range ballistic missile threats. The source selection was made by the Israel Missile Defense Organization (IMDO). "Raytheon's cooperation with Rafael ensures that Rafael's multi-mission interceptor is designed from the start for seamless insertion into U.S. terminal missile defense systems. Our approach provides the U.S. Army with a low-cost extended air defense option for the future," said Michael Booen, Raytheon vice president of Advanced Missile Defense programs. "Our interceptor solution fundamentally redefines the performance-cost value equation for terminal missile defense, providing all-weather, hit-to-kill performance at a tactical missile price," said David Stemer, Rafael Missile Division general manager. The Short Range Ballistic Missile Defense program is an IMDO initiative to address the proliferating threat of short-range ballistic threats. Such missiles and rockets are cheap, plentiful, easily concealed and largely exempt from international arms control accords. These relatively insignificant battlefield weapons can be transformed into deadly, strategic threats when fitted with unconventional warheads and deployed in large quantities.

Source: Raytheon Company
Date: May 25, 2006