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Raytheon Receives $56.9 Million Contract Extension From NASA

    RESTON, Va., March 26, 2008 /PRNewswire/ -- Raytheon Technical Services
Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE: RTN), has
received a $56.9 million sole source contract extension to support
facilities and operations for astronaut training at NASA's Johnson Space
Center (JSC) and Sonny Carter Training Facility in Houston.

    The extension, which is part of an indefinite delivery-indefinite
quantity contract, supports operations at the Neutral Buoyancy Laboratory
(NBL) and Space Vehicle Mockup Facility (SVMF). The contract extension,
which begins April 1, 2008, and ends Sept. 30, 2010, includes a one-year
pre-priced option that could increase the contract value to $78.3 million.

    "We focus on providing exceptional products and services and are proud
that the Raytheon team continues to offer safe, excellent operations and
engineering support in NASA's premier astronaut training facilities," said
Blaine Salvador, vice president of the Mission Support Solutions product
line of RTSC's Integrated Support Solutions business. "Raytheon's team is
proud to do its part to ensure NASA's space shuttle and space station
missions are successful, and that astronauts and their flight support teams
have the skills and support needed to achieve optimum mission success."

    RTSC has about 70 employees supporting both the NBL and SVMF, an
operation that provides zero gravity or partial gravity training to
astronauts in Space Shuttle and International Space Station programs. In
addition to astronaut training, the SVMF supports other engineering
activities at JSC.

    RTSC provides technology solutions for defense, federal and commercial
customers worldwide. RTSC specializes in Mission Support (including
installation, integration, maintenance, training and logistics support of
air traffic control systems), counter-proliferation and counterterrorism,
homeland security solutions, base and range operations and customized
engineering and manufacturing.

    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.


Note to Editors: The original contract was awarded to RTSC in February 2003. On Aug. 1, 2007, the Johnson Space Center Neutral Buoyancy Laboratory celebrated 10 years of astronaut training. Raytheon teams lead both the SVMF and NBL. Contact: Cassandra Watson 703.295.2424 cassandra_watson@raytheon.com
SOURCE Raytheon Company




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  • http://www.raytheon.com
    CONTACT:
    Cassandra Watson of Raytheon Company,
    +1-703-295-2424, cassandra_watson@raytheon.com