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Raytheon Declares Quarterly Cash Dividend
 
    LEXINGTON, Mass., Sept. 24 /PRNewswire-FirstCall/ -- Raytheon Company
(NYSE: RTN) has declared a quarterly cash dividend of $0.20 per outstanding
share of common stock to be paid on Nov. 3, 2003 to shareholders of record as
of the close of business on Oct. 6, 2003. The dividend rate is unchanged from
the previous quarter.
    Raytheon Company (NYSE: RTN), with 2002 sales of more than $16.8 billion,
is an industry leader in defense, government and commercial electronics,
space, information technology, technical services, and business and special
mission aircraft. With headquarters in Lexington, Mass., Raytheon employs more
than 76,000 people worldwide.

    Contact:
     Sabrina Steele
     781.860.2423
SOURCE Raytheon Company



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    CONTACT:
    Sabrina Steele of Raytheon Company,
    +1-781-860-2423
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