Raytheon Contributes $1 Million to Provide Disaster Relief

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Raytheon Contributes $1 Million to Provide Disaster Relief
    LEXINGTON, Mass., Jan. 29 /PRNewswire/ -- Raytheon Company
(NYSE: RTNA, RTNB) announced today that it will contribute $1 million to renew
its support to the American Red Cross Annual Disaster Giving Program.
Raytheon's contribution will be paid out over five years and will provide
disaster relief through 2004.
    Raytheon, a founding member of the Annual Disaster Giving Program, will
designate specific amounts of its gift to provide disaster relief services in
locations where company facilities exist and employees live.  Raytheon also
will designate a portion of this gift to match employee donations contributed
through company sponsored drives in support of specific disaster relief
efforts.
    "Raytheon and its employees are steadfast supporters of the American Red
Cross," said Dr. Bernadine Healy, president and chief executive officer of the
American Red Cross. "Raytheon's renewed commitment to the American Red Cross
will help us meet the needs of people devastated by disasters large and small
in communities across America."
    "Raytheon is proud to lend its support to providing disaster relief," said
Daniel P. Burnham, Raytheon's chairman and chief executive officer.  "Our
contribution is designed to provide instantaneous relief when disaster strikes
communities where our employees live and work."
    Raytheon's charitable giving is strategically aligned with the company's
business interests and focused on education, access and opportunity and
environmental stewardship.  Raytheon supports programs that have a significant
impact and demonstrate long-term benefits to the communities where Raytheon
has a presence.
    The American Red Cross is dedicated to helping make families and
communities safer at home and around the world. A humanitarian service
organization currently operating on a budget of $2.7 billion, the American Red
Cross annually mobilizes relief to the victims of more than 63,000 disasters
nationwide and has been the primary supplier of lifesaving blood and blood
products in the United States for more than 50 years. The American Red Cross
also trains more than 11.7 million people in vital lifesaving skills, provides
direct health services to 2.5 million people, provides more than 24 million
locally relevant community services, assists international disaster and
conflict victims in more than 50 countries, and transmits nearly 1.4 million
emergency messages between members of the U.S. Armed Forces and their
families. Dr. Bernadine Healy is president and chief executive officer.
    With headquarters in Lexington, Mass., Raytheon Company is a global
technology leader in defense, government and commercial electronics, and
business and special mission aircraft.

     Contact:
     Amy Hosmer
     781.860.2423
SOURCE Raytheon Company
http://www.raytheon.com
CONTACT:
Amy Hosmer of the Raytheon Company,
781-860-2423