US missile test mimicking Iran strike fails

WASHINGTON, Feb 1 (Reuters) – A U.S. attempt to shoot down a ballistic missile mimicking an attack from Iran failed after a malfunction in a radar built by Raytheon Co (RTN.N), the Defense Department said.

The abortive test over the Pacific Ocean coincided with a Pentagon report that Iran had expanded its ballistic missile capabilities and posed a “significant” threat to U.S. and allied forces in the Middle East region.

via UPDATE 1-US missile test mimicking Iran strike fails | Reuters.

PID COMMENT: We wonder what Raytheon’s stock will do tomorrow.

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