Multi-year contracts are setting up Raytheon and other defense contractors to report solid financial results during the next few years even if Pentagon spending plateaus or slightly decreases, Raytheon’s chief executive told analysts today.
North Korea’s recent provocations are prompting Washington, Tokyo and Seoul to rethink how to deter Pyongyang’s nuclear power ambition with the help of China, experts on Asian defense policy said on Tuesday. Read More
WASHINGTON, D.C. — The Aegis ballistic missile defense program is making steady improvements on both Navy ships and the Aegis Ashore system being installed as part of the enhanced European defense initiative, the director of the Missile Defense Agency said on Wednesday. Read More
A trio of planned South Korean guided missile destroyers will be built with the capability to intercept ballistic missile threats, USNI News has learned. Read More
Seoul is considering adding Raytheon SM-3 missiles to its fleet of Aegis guided missile destroyers to give the ships a ballistic missile defense capability, according to local press reports. Read More
While the United States, Republic of Korea and Japan speak often about the nuclear missile threat posed by North Korea to all three nations, the former commander of the combined forces on the Korean peninsula said the allies may be missing a very real, but less thought about dangers. “The best way to deliver a nuclear weapon to Seoul” could be “a rickety old wooden airplane,” or a drone or a ship pulling into a nearby harbor. Read More
The U.S. Navy and the Missile Defense Agency have started to deploy the Raytheon Standard SM-3 Block 1B operationally, the company said in a Wednesday statement. Read More