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Raytheon Developing Land-Based SM-3 for Israel

 
AegisU.S. defense contractor Raytheon announced that it’s creating a land-based version of the Standard Missile-3 (SM-3) for Israel, a system that would help our ally defend against Iran. (Source)

Part of the Aegis Ballistic Missile Defense System, the SM-3 is a ship-based anti-ballistic missile. Last week an SM-3 successfully hit its target in space.

Discussed at the recent missile defense conference in Huntsville, Alabama, the land-based version of the SM-3 could be in operation by 2013. Raytheon’s Michael Booen told Reuters, “If the program goes through to production and is deployed globally with international allies, the potential value … will be more than $1 billion.”

Reuters reports that the cost of developing the SM-3 for Israel would be “very low.” Additionally, the Pentagon may use SM-3 systems as alternatives to missile shields in Poland and the Czech Republic. In fact, the Pentagon would be wise to develop the systems with these countries in mind. At this point, the fate of shields in the region are in doubt. Missile defense expert Riki Ellison said Russia may be more favorable to SM-3 systems than missile defense shields.

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