Timed Automata is an extension to the automata-theoretic approach to the modeling of real time systems that introduces time into the classical automata. Since it has been first proposed by Alur and Dill in the early nineties, it has become an important research area and been widely studied in both the context of formal languages and modeling and verification of real time systems. Timed automata use dense time modeling, allowing efficient model checking of time-sensitive systems whose correct functioning depend on the timing properties. One of these application areas is the verification of security protocols. This thesis aims to study the timed automata model and utilize it as a verification tool for security protocols. As a case study, the Neuman-Stubblebine Repeated Authentication Protocol is modeled and verified employing the time-sensitive properties in the model. The flaws of the protocol are analyzed and it is commented on the benefits and challenges of the model.