The Arrow missile defense system failed to achieve an intercept today during a test at the Point Mugu Sea Range in California, the Missile Defense Agency said in a statement. The test pitted the Arrow-2, funded by the United States and Israel, against a target dropped by an Air Force C-17. "The Arrow interceptor was launched toward the target but no intercept was achieved," the MDA statement reads. "Many of the test objectives were successfully completed, and the data is...