CNBC:
The CEO of the maker of the Patriot missile defense system said Tuesday that Californians shouldn’t worry about the missile threat of nuclear-armed North Korea, but he urged them to contact lawmakers in Washington to push for more defense spending.
“I would say relative to the North Korean threat, you shouldn’t be worried,” said Raytheon CEO Thomas Kennedy in an exclusive interview on CNBC’s “Squawk Box.” “But you should ensure that you’ve talked to your congressman or congresswoman to make sure they support the defense budget to the point where it can continue to defend the United States and our allies.”
Raytheon, the Massachusetts-based defense giant known for the Patriot anti-missile system, has benefited from global demand for missile defense systems in Asia, Europe and the Middle East…
