SPRINGFIELD, Va., Oct. 12, 2005 /PRNewswire/ -- Raytheon Company's UTD
business area has been ranked among Washington Technology's Fast 50 for 2005,
an annual listing of the fastest growing small businesses in the Washington,
D.C. metropolitan area government market.
Raytheon UTD, a wholly owned subsidiary of Raytheon, grew 64 percent in
the last five years. Rankings are based on the percentage of growth of
government revenues over five years, from 2000-2004. Only companies that are
categorized as small businesses and have at least $100,000 in government
revenue are eligible for nomination.
"We are honored to have Raytheon UTD recognized on Washington Technology's
Fast 50 list as one of the fastest growing government contractors," said
Raytheon Intelligence and Information Systems President Michael D. Keebaugh.
"Raytheon UTD is an integral part of our business providing customers with a
depth of technological expertise and access to state-of-the-art national
security technologies."
Raytheon purchased UTD, Inc., in August 2005. Raytheon UTD is widely
recognized for providing superior innovative engineering and scientific
analysis, assessment and technology development. Raytheon UTD combines more
than 25 years of experience with a spirit of creativity to solve the myriad
technical issues.
Raytheon Intelligence and Information Systems (IIS), with 2004 revenues of
$2.2 billion and 9,000 employees, is a leading provider of intelligence and
information solutions to government customers worldwide. Leveraging 35 years
of domain expertise and excellence in Mission Management, Signal and Image
Processing, Command and Control of Air and Space Vehicles, Geospatial
Intelligence, Knowledge Management, Information Security, and Systems
Integration, IIS enables customers to make better, quicker mission decisions.
Raytheon Company (NYSE: RTN), with 2004 sales of $20.2 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:
Keith Little
703-849-1675
SOURCE Raytheon Company
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Related links: http://www.raytheon.com
CONTACT: Keith Little of Raytheon Company, +1-703-849-1675
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