Raytheon Co (RTN.N) is hoping to finalize orders valued at $4 billion to $5 billion from countries in the Middle East in a matter of weeks, Chief Executive William Swanson told an investor conference on Tuesday.

Swanson said he just returned from a visit to the region, including stops in Qatar, Oman, Kuwait and Saudi Arabia, where he met with senior leaders about an array of missile defense deals and other orders.

“We used to talk about months and now they are weeks (away) that we can touch them and see them,” Swanson told a conference hosted by Credit Suisse. “There is probably $4 billion or $5 billion worth of business out there that I was able to touch real quick.” […]