Raytheon Completes Significant Milestones for the GPS Ground Control Segment

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Raytheon Completes Significant Milestones for the GPS Ground Control Segment
  On time completion lays the foundation for successful program execution

    AURORA, Colo., July 29, 2008 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has completed two significant milestones for the U.S. Air Force's
Global Positioning System (GPS) next-generation Control Segment (OCX),
which establishes a solid foundation and roadmap to keep the program on
track and on schedule.

    Raytheon completed the integrated baseline review (IBR) and
subsequently completed the standard Capability Maturity Model Integration
(CMMI) appraisal method for process improvement (SCAMPI-B) in late June
2008.

    "The completion of the IBR and SCAMPI-B milestones demonstrates the
Raytheon OCX team's commitment, maturity and readiness to deliver a robust
system for fielding," said Bob Canty, vice president and program manager of
GPS OCX for Raytheon Intelligence and Information Systems. "Raytheon's OCX
team will deliver a superior, low-risk and on-time solution to the
government."

    The IBR validated the Raytheon OCX team's earned value management
system, established the credibility of the technical, schedule and cost
baselines and developed a mutual understanding of program risks. The
SCAMPI-B was a systematic appraisal of the Raytheon OCX team's processes
and the maturity level of the team executing these processes.

    The completion of the integrated baseline review and SCAMPI-B is an
accomplishment of Raytheon, Boeing, ITT Industries, Jet Propulsion
Laboratory, Braxton Technologies, Infinity Systems Engineering and SRI
International. Raytheon achieved the first milestone for the OCX program,
satisfying the Air Force's System Requirement Review criteria, in February
2008.

    Raytheon is currently under an 18-month, $160 million contract
administered by the Air Force Space and Missile Systems Center, Los Angeles
Air Force Base, Calif., for the first phase of the GPS OCX program.

    Based in Garland, Texas, Raytheon IIS is a leading provider of
information and intelligence solutions to the government. IIS had 2007
annual revenues of approximately $2.7 billion and employs more than 9,000
engineering and technical professionals worldwide.

    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.

    Note to Editors:

    The Capability Maturity Model(R) Integration (CMMI(SM)) is a process
improvement approach that provides organizations with the essential
elements of effective processes.



    SCAMPI is designed to provide benchmark quality ratings relative to CMMI
models.

    Contact:
    Keith Little
    703.849.1675
    KDLittle@raytheon.com
SOURCE Raytheon Company
http://www.raytheon.com
CONTACT:
Keith Little of Raytheon Company,
+1-703-849-1675, KDLittle@raytheon.com