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Raytheon Joins the UAV Race

Rich Smith
April 11, 2008

Is it just me, or is Raytheon (NYSE: RTN  ) turning into the go-to guy for building all the coolest weapons systems?

Raytheon has come up with an innovative system for guarding our nation's airports against the threat of shoulder-launched surface-to-air missiles.

It's also part of the team (which includes Lockheed Martin (NYSE: LMT  ) , Boeing (NYSE: BA  ) , and Northrop Grumman (NYSE: NOC  ) ) building the Air Force's new airborne laser.