on Company's (NYSE: RTN) Standard Missile-6 successfully completed its fourth guided test vehicle launch, clearing the way for the missile's at-sea testing this year.
"All GTV engineering test objectives were met, demonstrating the SM-6's capabilities in this critical engagement," said Frank Wyatt, Raytheon's vice president of Naval Weapon Systems. "With its over-the-horizon protection, SM-6 will provide the surface Navy with an increased battlespace against anti-air warfare threats. We now move forward with initial operational capability flights of this extended-range AAW system."
SM-6 takes full advantage of the legacy Standard Missile airframe and propulsion elements while incorporating advanced signal processing and guidance control capabilities of Raytheon's Advanced Medium-Range Air-to-Air Missile. The merger of these two proven technologies allows SM-6 to use both active and semiactive modes.
"The last year has been very important for SM-6," said Wyatt. "We demonstrated integrated fire control, concluded the land-based test flights and entered low rate initial production. Importantly, SM-6 continues to be on time and on budget and is now ready for sea."
Raytheon Company, with 2008 sales of $23.2 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 87 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. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.
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