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U.S. Navy Awards Contract Option to Raytheon

    INDIANAPOLIS, Jan. 23, 2006 /PRNewswire/ -- A subsidiary of Raytheon
Company (NYSE: RTN) has been awarded a one-year option with a ceiling of $70.2
million on an existing indefinite delivery, indefinite quantity contract with
the Naval Air Systems Command (NAVAIR).
    Under the contract option, Raytheon Technical Services Company LLC (RTSC)
will continue providing supplies and services that support the naval aviation
customer base, including navigation systems, reconnaissance systems, aircraft
support and mission planning, aircraft armament equipment, and weapons data-
link systems. The award is the fourth of four, one-year options available on
the original contract, which was awarded in December 2001. The maximum value
of the contract, including the base-year and all options, is $450 million.
Work will be performed in Indianapolis.
    NAVAIR can procure a wide variety of products and program-support services
under the contract, including systems engineering and software engineering;
technical, manufacturing and life-cycle support; in-service engineering,
overhaul and repair; spares; and integration.
    "RTSC has partnered with the Navy for more than eight years to provide
supplies and services including avionics and mission-planning software; bomb
racks, launchers, and pylons; and avionics components for several platforms,
including the F/A-18 and V-22 Osprey," said John Balaguer, RTSC vice president
and general manager of RTSC's Indianapolis-based business unit. "Raytheon will
continue to deliver total Mission Support to the Naval Aviation Enterprise,
helping NAVAIR achieve maximum aircraft availability for tasking and training
at a reduced cost."
    Raytheon Technical Services Company LLC, a subsidiary of Raytheon Company,
provides technology solutions for defense, federal and commercial customers
worldwide. It specializes in Mission Support, counter-proliferation and
counter-terrorism, base and range operations and customized engineering
solutions. Mission Support -- Raytheon's integrated approach to providing
total life-cycle support, predicting customer needs, sensing problems and
proactively applying solutions -- enables Raytheon to maintain readiness and
deliver operational capability on demand, enhancing customer mission success.

    Raytheon Company, with 2004 sales of $20.2 billion, is an industry leader
in defense and government electronics, space, information technology,
technical services, and business and special mission aircraft. With
headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.

    Contact:
    Kristen Giddens Pinto-Coelho
    703.295.2535


SOURCE Raytheon Company




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Related links:
  • http://www.raytheon.com
    CONTACT:
    Kristen Giddens Pinto-Coelho of Raytheon
    Company, +1-703-295-2535