US, Japan say first test of Raytheon's new SM-3 missile a success
June 07, 2015 at 09:35 AM EDT
WASHINGTON, June 7 (Reuters) - The United States and Japan on Sunday announced the first live fire test of Raytheon Co's new Standard Missile-3 (SM-3) Block IIA missile that is being jointly developed by the two countries for a combined cost of around $2 billion.