A cruise missile recovery system, for capturing a flying cruise missile and for guiding the cruise missile to a landing spot. The cruise missile recovery system has an intercept device for capturing the flying cruise missile, a radio-controlled parafoil connected to the intercept device for allowing the intercept device and cruise missile to be guided to the landing spot during descent of the intercept device and cruise missile, after capture of the flying cruise missile by the intercept device, and a position-stabilized suspension vehicle for suspending the radio-controlled parafoil device and the intercept device at a stable location above the earth, prior to capture of the flying cruise missile by the intercept device.