Israel's "Iron Dome" missile defense system proved itself best of breed in the recent November conflict between Israel and Hamas. But where does that leave Raytheon (RTN +0.00%), owner of the now second-best Patriot missile defense system? What does it mean going forward for companies like Lockheed Martin (LMT 2.37%), Boeing (BA 0.96%), and Northrop Grumman (NOC 0.59%), all of which are working on laser-based missile defense systems? Listen in, as Fool contributor Rich Smith explains.
What "Iron Dome" Means for Raytheon
By Rich Smith – Dec 11, 2012 at 10:31AM
NYSE: RTN
Raytheon
Raytheon's dirt cheap, and tech rich.
About the Author
Rich Smith is a contributing Motley Fool defense and stock market analyst covering publicly traded and emerging companies in defense, space, aerospace, and other sectors. Prior to The Motley Fool, Rich practiced international corporate law for Clifford Chance in Russia, and for the Russian-Ukrainian Legal Group in Moscow, Kyiv, and Washington, D.C. He holds a bachelor’s degree in international relations from the College of William & Mary, a law degree from the University of Baltimore, and a language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. The Globe and Mail once featured him as “one of the best stock pickers since 2009.”