Meteor AAM aims to avoid late penalties
The MBDA Meteor ramjet, active radar homing air-to-air missile (AAM) program is still alive and kicking, but has had to focus its efforts on meeting the de

The MBDA Meteor ramjet, active radar homing air-to-air missile (AAM) program is still alive and kicking, but has had to focus its efforts on meeting the deadlines imposed by the original December 2002 contract in order to avoid cancellation penalties. Under the terms of this contract, failure to achieve the technology demonstration milestones would allow the six partner nations (France, Italy, Germany, Spain, Sweden and the UK) to terminate the contract and recover all monies paid for the developmental phase.