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Raytheon: Strong Growth Potential Despite Lowered Guidance

Raytheon (NYSE:RTN) is one of the top defense contractors and aerospace companies in the world, competing with the likes of Lockheed Martin (NYSE:LMT) and Boeing (NYSE:BA). Despite the huge $1T Pentagon budget cut, defense contractors have become more important than ever. With national security risks seemingly rising by the day, and intensifying global conflicts, Raytheon is in an industry poised for…