Raytheon Canada Wins Government of Canada Nuclear Non-Proliferation Services Contract

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Raytheon Canada Wins Government of Canada Nuclear Non-Proliferation Services Contract
    OTTAWA, Ontario, March 14, 2006 /PRNewswire/ -- Raytheon Canada's Calgary
division has won a government of Canada competition to provide project
management and advisory and monitoring services in support of nuclear security
projects in the Russian Federation, part of a global initiative to halt the
spread of weapons and materials of mass destruction.
    The contract runs through March 2007. There are three one-year options for
renewal. The maximum potential value of this contract is $5.7 million.
    "While this contract represents a first step for Raytheon Canada in
nuclear non-proliferation, it is significant because it gives us a foundation
in a strategic new business stream," said Ron Guidinger, general manager of
the company's Calgary business.
    Under the terms of the contract, Raytheon Canada will support initiatives
undertaken by Foreign Affairs Canada (FAC) to improve the security of nuclear
materials and nuclear facilities in Russia. As project manager, Raytheon
Canada, along with its partners Gregg Protection Services Inc., Atomic Energy
Corporation Limited (AECL), Pro2Servce Inc., and Los Alamos Technical
Associates, will ensure that the Canadian government's requirements for
monitoring, assessment and security analyses are fulfilled, and that any
resulting recommendations are provided to FAC for action.
    Raytheon Canada's U.S. parent company, through Raytheon Technical Services
Company LLC (RTSC), has been active in the former Soviet Union, working with
the U.S. Defense Threat Reduction Agency since 1988. It currently oversees
some 12 contracts, valued at $1.5 billion and has some 2,000 employees in the
region.
    "Threat reduction and the elimination and storage of weapons of mass
destruction have been long-standing business priorities within Raytheon for
over 15 years," said Bryan J. Even, president of RTSC. "Raytheon Canada is now
ideally positioned to play a leadership role in Canada by broadening its scope
of work to include non-proliferation and counter terrorism activities."
    The Canadian initiative is part of a larger pledge spearheaded by the
government of Canada, which was launched at the 2002 G8 Summit in Kananaskis,
Alberta. The goal of the Global Partnership is to work with states of the
former Soviet Union to secure and destroy weapons and materials of mass
destruction and redirect the expertise of former weapons scientists. The G8
leaders committed to raise up to $20 billion over a 10-year period. Other
countries have since been invited to participate in the program. Today, some
21 have joined and overall commitments are in the range of $19 billion.
Canada's commitment, begun in 2003, is C$1 billion over 10 years.
    Raytheon Canada, a wholly owned subsidiary of Raytheon Company, has 1400
employees across the country servicing the defense, security and aerospace
sectors with a broad range of high technology products and services.
    Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 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.


    For more information on the Global Partnership, please visit:
http://www.globalpartnership.gc.ca

    Contacts:
     Val MacDonald (Canada)
     403.295.6668

     John Clemons (United States)
     703.295.2530
SOURCE Raytheon Company
http://www.raytheon.com
CONTACT:
Val MacDonald (Canada), +1-403-295-6668, or
John Clemons (United States), +1-703-295-2530 both of Raytheon
Company