The missile-defense partnership between Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) took off in a big way this week, as Raytheon announced its Air and Missile Defense System had successfully test-fired Lockheed’s PAC-3 missile segment enhancement at a New Mexico missile range.
“This demonstration of Lockheed Martin’s MSE missile with the Patriot system builds on the family of combat-proven GEM and PAC-3 interceptors already available with Patriot and continues a rich history of integrating new technologies and capabilities, ” said Sanjay Kapoor, vice president for Patriot Programs at Raytheon Integrated Defense Systems (IDS).
The test took place at the remote White Sands Missile Range.
Raytheon IDS is the prime contractor for both domestic and international Patriot Air and Missile Defense Systems and system integrator for Patriot Advanced Capability-3 missiles.
