This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lockheed Martin's Aegis System Intercepts Ballistic Missile Target Using Satellite-based Information For The First Time

KAUAI, Hawaii, Feb. 13, 2013 /PRNewswire/ -- Lockheed Martin's (NYSE: LMT) second-generation Aegis Ballistic Missile Defense (BMD) system achieved its first intercept using tracking information from the space tracking and surveillance system demonstration satellites during a Missile Defense Agency (MDA) test.

The system successfully launched and guided a Standard Missile-3 Block IA guided missile to engage a medium range unitary ballistic missile target using remote tracking information from the satellites that was integrated through the Command and Control, Battle Management, and Communications (C2BMC) system.

U.S. Navy sailors aboard USS Lake Erie (CG-70) received tracking information from space tracking and surveillance satellites and launched the missile before the shipboard SPY-1 radar detected the target. The Aegis BMD Weapon System then guided the missile using tracking information from the space-based assets until the target was detected and tracked by the SPY-1 radar. The shipboard radar transmitted guidance commands to the SM-3 guided missile that intercepted the target.

"Aegis has achieved many firsts, but using accurate tracking information from a satellite to flexibly enable expanded battlespace and the capabilities of the sea-based Aegis BMD system may prove to be one of the program's most significant milestones," said Nick Bucci, director of BMD development programs for Lockheed Martin's Mission Systems and Training business. "For a long time, many have believed  the best path forward for missile defense is an architecture that combines flexible sea-based defenses with persistent space-based capabilities. This test proves that technology and that architecture can be a reality."

The test marks the ninth time in three years that the USS Lake Erie and its crew successfully performed at-sea operations against cruise and ballistic missile targets using the second-generation Aegis BMD system. Recently, it received faster, more powerful commercial-off-the-shelf signal processing equipment and updates to its weapon system computer programs.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs