LOS ANGELES, Feb. 4, 2008 /PRNewswire/ -- Recognizing the commitment of
Raytheon Company (NYSE: RTN) to good corporate citizenship locally and
internationally, the Los Angeles Area Chamber of Commerce honored the firm
with the Corporate Leadership Award Jan. 31 at the organization's 119th
annual inaugural dinner.

    "It's been said that homes are where jobs go to sleep, and making sure
our employees are safe, have access to great education, and are living in
truly sustainable environments is central to our beliefs," said Pat
Coulter, vice president for Communications and Public Affairs at Raytheon's
Space and Airborne Systems business, headquartered in El Segundo, Calif.

    "We look forward to working with the chamber, Southern California's
public officials, the business community, and the surrounding communities
to help ensure the L.A. area continues to be an international beacon for
people to live and work."

    Raytheon's largest presence in California is in El Segundo where the
company has reduced its energy use by 25 percent in the past two years. Its
efforts in El Segundo to promote a clean environment and conserve energy
resources have resulted in the Air Quality and Diamond awards from the
South Coast Air Quality Management District for pollution reduction through
commuter services and for promoting the Metro Annual Transit Pass,
respectively, and the Corporate Citizen Award from Los Angeles County
Supervisor Don Knabe for compliance with wastewater discharge limits. The
company has about 12,000 employees in the Los Angeles area.

    "We applaud Raytheon for superior corporate leadership that ensures the
growth and prosperity of the Los Angeles region," said Gary Toebben,
president and chief executive of the Los Angeles Area Chamber of Commerce.
"Whether through its trailblazing efforts to assist students with its
MathMovesU program or its nationally recognized and award-winning
sustainability efforts in El Segundo, Raytheon's leadership is an example
to us all."

    Raytheon Company, with 2007 sales of $21.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning more
than 85 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 72,000 people worldwide.



    Contact:
    Art Bentley
    310.647.3266
    Arthur_H_Bentley@raytheon.com

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