If Germany does sign a deal for purchase of Patriot in near future, surely Raytheon's international sale growth will get a solid boost. With increasing geopolitical tension worldwide and President Trump's proposed fiscal 2019 defense budget (that provisioned $12.9 billion for missile defense) last month, demand for such improved weaponry has been on the rise. Raytheon, being one of the top missile makers in the United States, will surely be a significant beneficiary from the proposed budget, which also includes an investment plan of $1.1 billion for 240 Patriot Missile Segment Enhancements. Price Movement Raytheon's stock has returned about 38.9% in the last 12 months, compared with the broader industry 's gain of 32.7%. The outperformance was primarily led by strong domestic and international sales along with a robust balance sheet.