Raytheon to Continue Producing Radar Warning Receivers for U.S., Global Customers

Raytheon to Continue Producing Radar Warning Receivers for U.S., Global
Customers

GOLETA, Calif., May 27, 2009 /PRNewswire/ -- An $84 million contract allows
Raytheon Company (NYSE: RTN) to continue production of its ALR-67(V)3 digital
radar warning receiver for the U.S. Navy as well as several international
customers.

The contract for a base year and three option years of production covers
systems for the Navy and the air forces of Canada, Switzerland and Australia.
The ALR-67(V)3, a state-of-the-art radar warning receiver on Navy F/A-18E/F
carrier-based tactical aircraft, is an integral part of modernization programs
for international air force F/A-18 customers.

"We're continuing to expand our international presence on the F/A-18," said
Roy Azevedo, deputy vice president for Raytheon's Tactical Airborne Systems
business area. "The ALR-67(V)3 is one of several advanced electronic warfare
technologies we offer to protect allied forces."

The contract from the Naval Air Systems Command, Patuxent River, Md., calls
for deliveries of 86 radar warning receivers plus spares. The international
procurements are foreign military sales with potential additional contracts
for engineering support and a 10-year performance-based logistics support
program.

Deliveries for the first production lot will begin in January 2011 and are
expected to be complete by December 2011. This contract represents the 11th
full rate production lot awarded to Raytheon. A total of 594 ALR-67(V)3
systems has now been ordered.

Work on the radar warning receiver is being done by Raytheon's Space and
Airborne Systems business at its Tactical Airborne Systems facility in Goleta
with support from facilities in El Segundo, Calif.; Forest, Miss.; and
McKinney, Texas. Key suppliers are located in the U.S. and Australia.

Raytheon Company, with 2008 sales of $23.2 billion, is a technology and
innovation leader specializing in defense, homeland security and other
government markets throughout the world. With a history of innovation spanning
87 years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a broad
range of mission support services. With headquarters in Waltham, Mass.,
Raytheon employs 73,000 people worldwide.

Contact:
Ron Colman
805.879.2041

SOURCE Raytheon Company

Ron Colman of Raytheon Company, +1-805-879-2041