In this paper, a design method of a missile guidance command is presented considering the dynamics of missile control systems. The design of a new guidance command is based on the well-known PNG(propotional navigation guidance) laws. The missile control system dynamics cause the time-delays of the PN guidance command and degrade the performance of original guidance laws which are designed under the assumption of the ideal missile control systems. Using a backstepping method, these time-delay effects can be compensated. In order to implement the guidance command developed by the backstepping procedure, it is required to measure or calculate the successive time-derivatives of the original guidance command, PNG and other kinematic variables such as the relative distance. Instead of directly using the measurements of these variables and their successive derivatives, a simple disturbance observer technique is employed to estimate a guidance command described by them. Using Lyapunov method, the performance of a newly developed guidance command is analyzed against a target maneuvering with a bounded and time-varying acceleration.