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Wednesday, August 19, 2009

Raytheon eyes new anti-missile system for Israel

Standard Missile-3Raytheon Co, the world's biggest missile maker, said it was developing a new system that, if deployed, could boost Israel's defenses against Iran as soon as 2013 and beef up anti-missile bulwarks worldwide.

The system could also help resolve a U.S.-Russian deadlock over Bush-era plans to extend into Europe the U.S. shield against ballistic missiles.

The plan is to create a land-based version of Raytheon's existing Standard Missile-3, a mainstay of U.S. missile defense from the sea. It also would use a long-range Raytheon radar already deployed in Israel and Japan as part of yet another U.S. defense system.

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