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Raytheon Receives $20.7 Million Contract Award for Towed-Decoy Production

    GOLETA, Calif., Aug. 30, 2006 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has received a $20.7 million contract award for continued production
of its ALE-50 line of towed decoys.
    The award represents the 10th production lot of ALE-50 equipment
ordered for the U.S. Air Force and U.S. Navy as part of an original
contract that began in December 1996. The Lot 10 contract calls for 862
decoys for the Air Force and was awarded by the 542nd Combat Sustainment
Group, Warner Robins Air Logistics Center, Ga. Equipment acquired by the
Lot 10 award will be delivered through September 2008.
    Raytheon recently achieved production of its 20,000th ALE-50 decoy and
10 years of on-time deliveries. "Timeliness, effectiveness, and reliability
are the hallmarks of the ALE-50," said Pat Hurley, vice president and
general manager of Raytheon Electronic Warfare Systems. "Every decoy we
produce carries our commitment to the warfighter." Completion of the Lot 10
program will bring the total number of decoys produced by Raytheon to
23,365.
    Towed decoy systems provide enhanced aircraft survivability by acting
as a preferential target for many types of missile threats. Raytheon's
ALE-50 system has played a key role in aircraft self-protection for several
military conflicts and is currently operational on F-16, B-1B and F/A-18
aircraft. Work on the towed decoy system is being done at Raytheon's Space
and Airborne Systems business by its Electronic Warfare Systems
organization located in Goleta, Calif.
    Raytheon Space and Airborne Systems (SAS) is the leading provider of
sensor systems giving warfighters the most accurate and timely information
available for the network-centric battlefield. With 2005 revenues of $4.2
billion and 13,000 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 2005 sales of $21.9 billion, is an industry
leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
worldwide.
    Contact:
    Ron Colman
    805.879.2041


SOURCE Raytheon Company




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Related links:
  • http://www.raytheon.com
    CONTACT:
    Ron Colman of Raytheon Company,
    +1-805-879-2041