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Raytheon, RAFAEL Win Short-Range Missile Tender
UPI Senior News Analyst Washington (UPI) May 31, 2006 The U.S. Raytheon company and Israel's RAFAEL Armament Development Authority have been chosen by the Israel Missile Defense Organization to create a short-range ballistic missile defense interceptor, Boston Business Journal reported May 26. The Israeli defense agency wants a multipurpose interceptor that can defeat many types of low-cost, short-range ballistic missiles. The Israeli-based RAFAEL is a former subdivision of the Israeli defense ministry, the report said. Michael Booen, vice president of advanced missile defense programs at Raytheon, said in a statement that the Raytheon and RAFAEL team will create a product that also has the potential to be seamlessly added to the U.S. missile defense system arsenal. "Our approach provides the U.S. Army with a low-cost extended air defense option for the future," Booen said. Raytheon Missile Systems in Tucson, Ariz., will handle the contract, BBJ said. The Waltham, Mass.-headquartered Raytheon earned $871 million on sales of $21.9 billion last year. Raytheon and RAFAEL ADA beat out a rival tender from Boeing, Alliant Techsystems and Israel Aircraft Industries for the contract, which is believed to be worth $50-$100 million.
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Rafael Selected For Short-Range Ballistic Missile Defense Interceptor Development
Tucson AZ (SPX) May 30, 2006Raytheon 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). |
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