Raytheon delivers first Standard Missile-3 from new Alabama missile
SM-3s protect US and allies from ballistic missile attack
HUNTSVILLE, Ala., June 18, 2013
HUNTSVILLE, Ala., June 18, 2013 /PRNewswire/ --Raytheon Company (NYSE: RTN)
delivered the first Standard Missile-3 to the U.S. Navy from its new
integration and testing facility in Huntsville, Ala., on May 23. The SM-3
missile is designed to destroy incoming short-, medium-, and
intermediate-range ballistic missile threats by colliding with them in space,
a concept sometimes described as "hitting a bullet with a bullet."
"SM-3 is a critical part of our nation's defense against ballistic missiles,"
said Dr. Taylor W. Lawrence, president of Raytheon Missile Systems. "SM-3s are
deployed around the world today in this life-saving, defensive role. Combatant
commanders consistently echo the need for more robust inventories of SM-3s in
the fleet, and this factory will ensure their urgent needs are met."
Delivering both SM-3 and SM-6 interceptors, Raytheon's new $75 million, 70,000
square-foot, all-up-round production facility at Redstone Arsenal features
advanced tools and the latest processes for missile production. The facility
enables Raytheon to streamline processes, reduce costs and add value for the
"Six months ago we opened the Raytheon Redstone Missile Integration Facility
for business, and today we are delivering both SM-3 and SM-6 missiles to our
customers," said Wes Kremer, vice president of Air and Missile Defense Systems
for Raytheon Missile Systems.
"During these lean economic times," Kremer said, "Raytheon is highly focused
on driving commonality across our products. Especially when it comes to our
manufacturing facilities and processes, efficiency drives affordability and
allows us to deliver more to the warfighter for less."
Last month, Raytheon celebrated the 60th anniversary of the Standard Missile
family of interceptors, while the U.S. Navy took out a ballistic missile
target using a Standard Missile-3.
About the Standard Missile-3
The SM-3 does not contain an explosive warhead, but instead destroys the
threats using sheer impact, equivalent to a 10-ton truck traveling at 600 mph.
oMore than 135 SM-3s have been delivered to U.S. and Japanese navies ahead
of schedule and under cost.
oRaytheon is on track to deploy the next-generation SM-3 Block IB guided
missile in 2015.
oSM-3 Block IB will be deployed in both afloat and ashore weapons systems.
Raytheon Company, with 2012 sales of $24 billion and 68,000 employees
worldwide, is a technology and innovation leader specializing in defense,
security and civil markets throughout the world. With a history of innovation
spanning 91 years, Raytheon provides state-of-the-art electronics, mission
systems integration and other capabilities in the areas of sensing; effects;
and command, control, communications and intelligence systems; as well as a
broad range of mission support services. Raytheon is headquartered in Waltham,
Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on
SOURCE Raytheon Company
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