Tag Archives: interceptor

MTSI to Help Develop Algorithms for MDA Interceptor & Sensor Systems

TYSONS CORNER, VA, Oct. 25, 2017 — Modern Technology Solutions Inc. will support the Missile Defense Agency‘s efforts to develop interceptor and sensor concepts under a $10 million contract modification, ExecutiveBiz reported Tuesday. The Defense Department said Monday the award covers the creation of algorithms for interceptor and sensor on-board systems as well as …

Read More »

Report: US Contractors’ Cut of Israel’s ‘Iron Dome’ Spending to Increase From 3% to 55%

Israel has agreed to share more than half of funds it will receive from the Pentagon next year with U.S. contractors to build Iron Dome anti-rocket shields, Bloomberg reported Wednesday. Tony Capaccio writes that the U.S. Missile Defense Agency told Congress in a report obtained by Bloomberg that funds going to …

Read More »

Raytheon, Rafael to Co-Produce Missile Interceptors; Pini Yungman Comments

Raytheon Co. (NYSE: RTN) and Israeli state-owned company Rafael Advanced Defense Systems are planning to co-develop an air defense system that is already used in Israel for the U.S. Army and allied forces, Defense News reported Thursday. Barbara Opall-Rome writes Rafael and Raytheon also want to jointly build Stunner interceptors, …

Read More »

Raytheon Awarded $126M SM-3 Contract

Raytheon (NYSE: RTN) has won a $126 million contract modification to procure components for Standard Missile-3 missile production. The no-bid, cost-plus-incentive-fee contract involve materials good for up to 29 SM-3 Block IB missiles, Raytheon said Thursday. The SM-3 interceptor destroys incoming ballistic missiles through sheer force of collision. The Waltham, …

Read More »

Report: Raytheon Helping Develop New Interceptor Missile for Israel

Raytheon engineers (NYSE: RTN) are helping Israel develop a new missile interceptor for its defense shield, known as David’s Sling, the Boston Globe reports. Bryan Bender reports the company’s role in helping develop the shield has been funded by the Israeli firm Rafael to the tune of about $130 million …

Read More »