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Tuesday, January 10, 2012

Stunner missile development continues

Stunner missileFunding for continued development by Raytheon of its Stunner multi-mission interceptor missile is being funded by Rafael of Israel.

The funding from Rafael Advanced Defense Systems -- $30.2 million -- will finance fabrication of sub-system components, including guidance electronics and various safety systems, Raytheon said.

"The Stunner interceptor redefines the performance/cost value equation for terminal missile defense," said Mike Booen, vice president of Advanced Security and Directed Energy Systems for Raytheon Missile Systems.

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