U.S. defense contractor Raytheon Company, the world's largest producer of missiles, says it is now developing a land-based system SM-3 (Standard Missile 3) missile interceptor system that "could provide Israel a near-term solution to counter ballistic missiles from Iran."



The company described the system in a presentation at a U.S. Army-organized missile defense conference in Huntsville, Alabama. The SM-3 was originally intended for use against short and medium-range missiles and was designed for ships equipped with the Lockheed-Martin ballistic missile defense system. It has already passed 15 "hit-to-kill" intercept tests.


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