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Saturday, September 08, 2012

Boeing sees sales of joint U.S.-Israeli missile shield

Arrow anti-ballistic missile |Boeing Co foresees global demand for a ballistic missile-defense shield it is co-developing to help guard Israel, the head of the company's military business said on Tuesday.

Israel is getting set for the first full flight test of its Arrow anti-missile system using a new high-altitude interceptor called Arrow 3.

"As we prove out that technology, and show that it's not only affordable but effective, we think there will be additional global market opportunities for that capability," Dennis Muilenburg, chief executive of Boeing's defense, space and security arm, told Reuters.

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