From Arutz Sheva, 5 Dec 2012:
...Boeing has successful tested an electro-magnetic pulse (EMP) missile ...
The U.S. Air Force and Boeing demonstrated the device more than two months ago over a military site in the Utah desert, reported the VR-Zone technology website.
Boeing did not keep the test a secret, but most mainstream media and technology sites overlooked the report.
The test was codenamed CHAMP -- Counter-Electronics High Power Advanced Missile Project and was the first time a real EMP missile has been tested with positive real world results.
One of the most startling developments in the research and test is that the missile system does not use any explosives, thereby limiting damage to its intended goal of directing microwave energy that can cause instant blackouts.
Keith Coleman, who serves as Boeing"s CHAMP program manager in their Phantom Works division, stated that video camera showed "images of numerous desktop computers running, and then suddenly all of them go out quickly followed by the camera going to black," VR-Zone reported.
"We hit every target we wanted to..." said Coleman.
...EMP causes non-lethal gamma energy to react with the magnetic field and produces a powerful electromagnetic shock wave that can destroy electronic devices...
The shock wave would knock out ...power grid and communications systems for transport and financial services, leading to economic collapse.