Russia claims that the ground-based missile system is capable of intercepting hypersonic missiles, drones, aircraft as well as stealth warplanes like the F-22 and the F-35.

Russia quietly conducted the world's longest surface-to-air missile test, according to sources with direct knowledge of U.S. intelligence about the weapons program.

Russian President Vladimir Putin listens to Defence Minister Sergei Shoigu as they attend the Navy Day parade in St. Petersburg, Russia, July 30, 2017. Picture taken July 30, 2017. Alexander Zemlianichenko | Reuters

Russia quietly conducted the world's longest surface-to-air missile test, according to sources with direct knowledge of U.S. intelligence concerning the weapons program. The S-500 surface-to-air missile system successfully struck a target 299 miles away, which the U.S. assessed is 50 miles further than any known test, said the sources, who spoke to CNBC on the condition of anonymity. Russia claims that the ground-based missile system is capable of intercepting hypersonic missiles, drones and aircraft as well as stealth warplanes like the F-22 and the F-35. The S-500 system would expand the Kremlin's capabilities to engage multiple targets with precision strikes.

Russia also claims the system has a range capable of destroying objects flying at near-space ranges or 62 miles above the Earth's surface. The developments about the new missile system emerge as investigators claim that a Russian-owned surface-to-air missile blew up Malaysia Airlines Flight 17 in 2014 over eastern Ukraine. Russia has denied involvement in the incident. On Thursday, Moscow's Defense Ministry said none of the country's air-defense missile systems crossed the Russia-Ukraine border. A medium-range Buk surface-to-air missile system was reportedly used to down the plane, resulting in the deaths of nearly 300 people. The Buk system is from a different family of missile systems as the new S-500 and its predecessor, the S-300V4, which has been operational since the late 1970s.

Loading surface-to-air missiles for an S-300 anti-aircraft system at the Key to the Skies contest as part of the 2017 International Army Games held by Russias Defence Ministry at Ashuluk Firing Range. Sergei Bobylev | TASS | Getty Images