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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.

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), owner of the now second-best Patriot missile defense system? What does it mean going forward for companies like Lockheed Martin (LMT 0.64%), Boeing (BA 0.16%), and Northrop Grumman (NOC 0.69%), all of which are working on laser-based missile defense systems? Listen in, as Fool contributor Rich Smith explains.

About the Author

Rich Smith is a contributing Stock Market Analyst at The Motley Fool. He is also a contributing Defense Analyst covering publicly traded and emerging private companies in defense, space, and aerospace. 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 B.A. in International Relations from the College of William & Mary in Virginia, a J.D. from the University of Baltimore, and language certification from the International Institute of Russian Language & Culture in Tver, Russian Federation. Fun fact: Canada's The Globe and Mail featured him in an article titled, "Ex-lawyer one of the best stock pickers since 2009."

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@RichSmithFool

Fool contributor Rich Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Lockheed Martin, Northrop Grumman, and Raytheon Company. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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