Back to overview,Home naval-today US Navy’s SM-6 Interceptors Engage Over-the-Horizon Targets at Sea View post tag: Defense View post tag: News by topic View post tag: US Share this article View post tag: Navy View post tag: Naval View post tag: Interceptors View post tag: Fires August 26, 2013 View post tag: two View post tag: SM-6 View post tag: Chancellorsville View post tag: USS View post tag: Defence The U.S. Navy fired two Raytheon Company Standard Missile-6 interceptors from the USS Chancellorsville, successfully engaging two cruise missile targets (BQM-74 drones) in the missile’s first over-the-horizon test scenario at sea.The SM-6 will provide U.S. Navy sailors and their vessels extended range protection against fixed- and rotary-wing aircraft, unmanned aerial vehicles and cruise missiles as part of the Naval Integrated Fire Control – Counter Air (NIFC-CA) mission area.“The SM-6’s ability to engage threats at significantly greater ranges than other missiles in its class is a game changer for the U.S. Navy,” said Jim Normoyle, Raytheon Missile Systems’ SM-6 program director. “We verified the weapon’s new processor earlier this month, and we’re preparing for the USS Chancellorsville’s Combat Systems Ship Qualification Trials in November.”In February, Raytheon delivered the first SM-6 from its new $75 million, 70,000 square-foot SM-6 and Standard Missile-3 all-up-round production facility at Redstone Arsenal in Huntsville, Ala. In May, a Defense Acquisition Board approved full-rate production of the SM-6 missile.“SM-6 combines the best of our SM-2, SM-3 and AMRAAM missiles, providing an enhanced anti-air warfare and over-the-horizon capability at a reduced cost,” said Mike Campisi, Raytheon Missile Systems’ senior director of Standard Missile-1, -2, and -6 programs. “We have delivered more than 50 missiles ahead of schedule and under cost, and we remain on track to reach initial operating capability in 2013.”SM-6 delivers a proven over-the-horizon air defense capability by leveraging the time-tested advantages of the Standard Missile’s airframe and propulsion.The SM-6 uses both active and semiactive guidance modes and advanced fuzing techniques.It incorporates the advanced signal processing and guidance control capabilities from Raytheon’s Advanced Medium-Range Air-to-Air Missile.[mappress]Press Release, August 26, 2013; Image: Raytheon Equipment & technology US Navy’s SM-6 Interceptors Engage Over-the-Horizon Targets at Sea View post tag: usa View post tag: Raytheon View post tag: Missile
NEW YORK (AP) — The owner of the New York Mets is dropping off Twitter after his family got threats apparently related to his hedge fund’s activity. Steve Cohen is a billionaire who also owns the Point72 hedge fund. He said Saturday that he enjoys chatting with Mets fans on Twitter. But he says that because of “misinformation unrelated to the Mets,” his family got personal threats. So he has deactivated his Twitter account. Hedge funds like Cohen’s have become wrapped up in recent stock market turmoil. They made bets against stocks such as GameStop. A band of small investors have inflicted heavy losses on the hedge funds by bidding up the shares of GameStop and other companies.
continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Don’t fret. There’s hope. Many parents have figured out ways to support and encourage smart financial habits in their adult children living at home without neglecting (or draining) their retirement savings. Learn steps you can take to make this happen. Adult children living at home: the factsFor the first time since the Great Depression, a majority of young adults are back living with their parents than with a spouse or partner, living alone, or living with someone else.As of July 2020, 52 percent of young adults ages 18 to 29 live with a parent.1 By comparison, around half that number — 23 percent — of people in the same age group lived with a parent in 1960.2 And this trend isn’t going away — these numbers have been on the rise for six consecutive decades.3