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Raytheon Hits Buy Zone As Romania Buys Patriot; U.S. Arms Sales Surge

Raytheon Hits Buy Zone As Romania Buys Patriot; U.S. Arms Sales Surge

Romania is closer to a $3.9 billion deal for Raytheon's Patriot missile-defense system amid a surge in demand for U.S. weapons overseas, helping the stock break out into buying territory.