Raytheon CEO Thomas Kennedy on Tuesday said U.S. citizens should not worry about North Korean missiles, and that the country has the capabilities to defend against them.

The major U.S. defense contractor manufactures the Patriot missile and air defense systems and is also involved with the Ground-based Midcourse (GMD) System.

Speaking to CNBC’s Squawk Box, Kennedy added it was important the U.S. government did not cut funding to defense programs.

“I would say relative to the North Korean threat, you shouldn’t be worried,” Kennedy said.

“I can tell you, we do have the capabilities and the competencies within the United States to