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Raytheon's Paveway(TM) IV Completes Demonstration Capability Trials

    CHINA LAKE, Calif., Aug. 1, 2008 /PRNewswire/ -- The U.K.'s Royal Air
Force completed capability demonstration trials of Raytheon Company's
(NYSE: RTN) Paveway IV. The trials showed the full range of operational
capabilities of the RAF's next-generation general purpose air-to-ground
weapon system.

    The Paveway IV Weapon System is a low-cost, day-night, all-weather,
general purpose precision-bombing capability.

    "Paveway IV is a very capable weapon system indeed," said U.K. Royal
Navy Capt. Howard Holdsworth, Ministry of Defence Freefall Integrated
Project team leader. "In the past 12 months, we have completed an
exceedingly challenging, rapid development program."

    The trials, which demonstrated Paveway IV integration with RAF Harrier
GR9 strike aircraft, included the release of 14 operational weapons
demonstrating capability across the full range of Paveway IV operational
parameters.

    "The enhanced features of the Paveway IV weapon demonstrated the
expanded performance, unrivalled flexibility and operational effectiveness
the MoD expected when it awarded this important contract to Raytheon," said
Tobin Touchstone, Raytheon Systems Limited director of Precision Systems.

    Raytheon Systems Limited is the U.K.-based subsidiary of Raytheon
Company. It is a prime contractor and major supplier to the U.K. Ministry
of Defence and has developed strong capabilities in mission systems
integration in defense, national security and commercial markets. RSL also
designs, develops and manufactures a range of high technology electronic
systems and software at its facilities in England, Scotland, Wales and
Northern Ireland.

    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:

    Compared with standard 500-pound class weapons, the enhanced
capabilities of Paveway IV include: insensitive munition warhead with
increased penetration; cockpit selectable terminal fuzing with air burst
and post impact delay; highly reliable second environment sensing via
unique arming maneuver; delayed arming to minimize collateral damage; and
GPS anti-jam resistance via inertial-only guidance mode.

    Paveway IV is integrated on the Harrier GR9. It is currently being
integrated on the Tornado GR4, Typhoon and Joint Strike Fighter.


Contact: Mike Nachshen (in the U.S.) Robin Hughes (in the U.K.) 520.794.4088 - office +44 (0)1895 816397 520.269.5697 - mobile robin.hughes@raytheon.co.uk Michael_nachshen@raytheon.com
SOURCE Raytheon Company




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    CONTACT:
    Mike Nachshen (in the U.S.), office:
    +1-520-794-4088, mobile: +1-520-269-5697,
    Michael_nachshen@raytheon.com, or Robin Hughes (in the U.K.),
    +44-(0)-1895-816397, robin.hughes@raytheon.co.uk, both of
    Raytheon Company