Raytheon Selected to Compete for U.K. Royal Navy Training Contract

RESTON, Va., June 24, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has
been selected by the U.K. Ministry of Defence to compete for a program that
will provide support to the Royal Navy across initial entry training,
warfighting shore training and youth training.

As part of this downselect, Raytheon, through its U.K. subsidiary Raytheon
Systems Limited, will compete with three other companies during a competitive
dialogue process that will end with a preferred bidder announcement in mid
2011. The contract is scheduled to begin in 2012.

"This opportunity enables us to demonstrate to the Royal Navy our approach to
developing tailored training solutions substantiated by results with customers
across defense government and commercial markets," said David Appel, a
Raytheon Technical Services Company LLC director responsible for military
training programs in the United Kingdom. "Our solution will show how we can
improve operational capability while providing cost effectiveness."

The scope of the program will include training delivery, training support and
training quality services. The estimated value of the contract is between $350
million to $550 million during a six-year base period with options up to 15
years.

Raytheon Technical Services Company provides technical, scientific and
professional services, as well as a full spectrum of training services and
outsourcing for defense, federal and commercial customers worldwide. It
specializes in Mission Support, training, counter-proliferation and
counter-terrorism, range operations, product support, homeland security
solutions and customized engineering services.

Raytheon Systems Limited is the U.K.-based subsidiary of Raytheon Company. It
is a prime contractor and major supplier to the U.K. Ministry of Defence and
has developed strong capabilities in Mission Systems Integration in defense,
national security and commercial markets. RSL also designs, develops and
manufactures a range of high- technology electronic systems and software at
its facilities in England, Scotland, Wales and Northern Ireland.

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:
Kristin Patterson Jones
703.295.2534 (office)
571.723.2804 (mobile)
kpjones@raytheon.com

SOURCE Raytheon Company

Kristin Patterson Jones of Raytheon Company, +1-703-295-2534, mobile,
+1-571-723-2804, kpjones@raytheon.com