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Patriot missiles protect Raytheon´s flow of orders.

US defense prime Raytheon Co. (NYSE:RTN) sees its Patriot air and missile defense system presenting a “never-ending opportunity” for the company, by bringing in billions of dollars’ worth of orders in the next few years.

Recently, Raytheon Company (NYSE: RTN) announced second quarter 2013 Adjusted EPS1 of $1.64 per diluted share compared to $1.57 per diluted share in the second quarter 2012, up 4 percent.

 

Americas security News.- Patriot images

Americas security News.- Patriot images

Based on the sale of Patriot misiles, William Swanson (Chairman and CEO) said that “our world class technology and innovation have positioned us well to meet the global security needs of our customers, and strong program execution drove solid operating performance in the second quarter.”

 

Net sales for the second quarter 2013 were $6,115 million, up 2 percent from $5,992 million in the second quarter 2012.