A caller to Jim Cramer’s Mad Money program during the Lightning Round had a simple question for the famed stock picker. 

As a long-term growth stock, is weapons manufacturer Raytheon Technology  (RTX) – Get Free Report a buy after a nearly 16% decline in the stock year to date?

DON’T MISS: RTX stock plunges after revealing Pratt & Whitney engine inspection issue 

Raytheon has been on Cramer’s radar for months despite its struggles on the market, and he said the stock had “unjustified weakness” in June. 

“It had a manufacturing problem that has taken the stock down 10 points, I think it’s time to buy. I’m taking it out of the penalty box right now,” Cramer said. 

Now might be a good time to get in on the stock which announced a new $24 million contract from the U.S. Army earlier this week to produce electric generators. 

Raytheon Technologies has been rebranded as RTX following its merger with rival United Technologies. 

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Cramer used his “unjustified weakness” line again two months ago.

“I think you’re getting another chance to buy RTX into unjustified weakness here,” Cramer said. “Because, if anything, I feel much more confident about their long-term prospects in both aerospace and defense — two businesses where they seem set for many, many years of gigantic orders.”

But the company has been in trouble since it said that a “significant” number of its Pratt & Whitney engines would need to be removed from Airbus A320neo airplanes for urgent inspections.

The so-called GTF engines, which are used by Airbus clients such as Delta Air Lines  (DAL) – Get Free Report, were said to have been affected by a “rare condition in powder metal used to manufacture certain parts”, according to RTX, and will require an “accelerated fleet inspection” over the coming year.

RTX acquired Pratt & Whitney through the $120 billion merger between Raytheon and United Technologies in 2020. Raytheon, which makes the Tomahawk and Patriot missile systems for the US military, took on 43% of the combined group.

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