U.S. Army Awards Raytheon $144 Million for Patriot Engineering Services

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U.S. Army Awards Raytheon $144 Million for Patriot Engineering Services
    TEWKSBURY, Mass., April 26, 2007 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has been awarded a $144 million contract modification by the
U.S. Army Aviation and Missile Command to provide engineering services for
the Patriot Air and Missile Defense program.
    This award represents the third of four annual options to the base
contract awarded in fiscal year 2004. The contract embodies the U.S. Army's
Air and Missile Defense visionary commitment for a cost-effective approach
to systems enhancements and capabilities. Raytheon Integrated Defense
Systems (IDS), prime contractor for Patriot, manages the contract.
    "Patriot engineering services provide both the U.S. Army and its
international partners with revolutionary improvements to the Patriot
system," said Pete Franklin, vice president for National and Theater
Security Programs at Raytheon IDS. "These improvements enhance performance
to counter and stay ahead of emerging threats, improve operational
availability, and lower life- cycle cost. The result is a highly lethal,
capable and reliable system to serve and protect the warfighter today and
far into the future."
    Patriot engineering services are an international cooperative effort in
which foreign partners fund and benefit from systems improvements.
International partners include Germany, The Netherlands, the Kingdom of
Saudi Arabia, Japan, Israel, Kuwait, Taiwan, Greece, and Spain.
    The Patriot system remains the pre-eminent theater air and missile
defense system and the nation's only deployed, land-based, short-to-medium
range ballistic missile defense capability. To maintain combat
effectiveness, the Patriot system's growth roadmap leads the U.S. Army's
Air and Missile Defense transformation in becoming part of an integrated
network of sensors, fire control, and command and intelligence under a
composite battalion providing a layered system of protection and
prosecution.
    Work will be performed primarily at Raytheon IDS headquarters in
Tewksbury, Mass.; the Integrated Air Defense Center in Andover, Mass.; the
Warfighter Protection Center in Huntsville, Ala.; and the Mission
Capability Verification Center at White Sands Missile Range, N.M.
    Integrated Defense Systems is Raytheon's leader in Joint Battlespace
Integration providing affordable, integrated solutions to a broad
international and domestic customer base, including the U.S. Missile
Defense Agency, U.S. Armed Forces and the Department of Homeland Security.
    Raytheon Company, with 2006 sales of $20.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 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 73,000 people worldwide.
    Contact:
    Guy Shields
    978.858.5246
SOURCE Raytheon Company
http://www.raytheon.com/
CONTACT:
Guy Shields of Raytheon Company,
+1-978-858-5246