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Raytheon Participates in Key Satellite Payload Trade Study

    EL SEGUNDO, Calif., June 24, 2008 /PRNewswire/ -- Raytheon Company
(NYSE: RTN) has successfully completed a key satellite payload trade study
with Northrop Grumman, the prime contractor for the Space Tracking and
Surveillance System.

    Results of the study may be used to enhance the performance of
follow-on satellites, improving their capacity to provide timely midcourse
tracking data and report missile attacks. The Missile Defense Agency plans
to develop and maintain a small constellation of satellites to detect enemy
missiles through all phases of flight.

    Building on its successful demonstrator payload design, Raytheon Space
and Airborne Systems seeks to provide system architecture and sensor
upgrades for the satellites. Advanced demonstrator payloads developed by
SAS consist of an acquisition and a tracking sensor and a processing
subsystem for integration into STSS satellites. Raytheon's early warning
technology permits acquisition and tracking above and below the horizon.

    "The important work we do today to further leverage the technical
capabilities of the Space Tracking and Surveillance System sensors will
help strengthen our nation's missile defense capabilities far into the
future," said Brian Arnold, vice president for the Space Systems group of
SAS.

    Raytheon Space and Airborne Systems is a leading provider of sensor
systems giving military forces the most accurate and timely actionable
information available for the network-centric battlefield. With 2007
revenues of $4.3 billion and 12,000 employees, SAS is headquartered in El
Segundo, Calif. Additional facilities are in Goleta, Calif.; Forest, Miss.;
Dallas, McKinney and Plano, Texas; and several international locations.

    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 86
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: John Barksdale 310.647.8224 john_barksdale@raytheon.com
SOURCE Raytheon Company




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  • http://www.raytheon.com
    CONTACT:
    John Barksdale of Raytheon Company,
    +1-310-647-8224, john_barksdale@raytheon.com