Raytheon Awarded U.S. Air Force Sustainment Contract

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Raytheon Awarded U.S. Air Force Sustainment Contract
    RESTON, Va., Aug. 6, 2008 /PRNewswire/ -- Raytheon Technical Services
Company (RTSC) LLC, a subsidiary of Raytheon Company (NYSE: RTN), has
received a seven-year, indefinite delivery-indefinite quantity (IDIQ)
contract to provide sustainment support for all U.S. Air Force-operated
weapon systems, support systems, subsystems, components, and related
services. This multiple contractor award has an estimated ceiling value of
$6.9 billion.

    The Future Flexible Acquisition and Sustainment Tool (F2AST) IDIQ
contract is a re-compete of the Warner Robins Air Logistics Center (WR-ALC)
Flexible Acquisition and Sustainment Tool (FAST) and the U.S. Air Force
Integrated Weapon System Support Program. The contract began July 23 and
will end July 22, 2011, and could be extended up to four years to July 22,
2015. WR-ALC is located at Robins Air Force Base, Warner Robins, Ga.

    "The Raytheon team will offer the F2AST users the ability to upgrade
platforms with the latest technology with significantly reduced cycle
times," said Wayne Iurillo, vice president and general manager of RTSC's
Customized Engineering and Depot Support business unit. "Raytheon and our
partners are committed to providing a wide range of engineering and mission
support services that will help protect the warfighter."

    "We are delighted Raytheon was selected as a F2AST prime contractor,"
said Susan Haeseler, director of the Raytheon IDIQ Service Center. "This
sustainment IDIQ contract vehicle gives us the opportunity to provide
development, modifications, depot maintenance and related services to the
warfighter with speed and agility."

    RTSC provides technology solutions for defense, federal and commercial
customers worldwide. RTSC specializes in Mission Support (including
installation, integration, maintenance, training and logistics support),
counterproliferation 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 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:

    This contract award was originally announced by the Department of
Defense July 23, 2008.

    RTSC's Customized Engineering and Depot Support (CEDS) offers a broad
spectrum of capabilities in engineering, manufacturing, logistics, systems
installation, and depot support services for the full life-cycle support of
products and systems.

    The CEDS business unit is headquartered in Indianapolis, Ind., and has
operations in Norfolk, Va.; Chula Vista, Long Beach, and Sacramento,
Calif.; and Calgary, Alberta, Canada.



    Contact:
    Cassandra Watson
    703.295.2424
    cassandra_watson@raytheon.com
SOURCE Raytheon Company
http://www.raytheon.com
CONTACT:
Cassandra Watson, +1-703-295-2424,
cassandra_watson@raytheon.com, for Raytheon Company