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Raytheon Receives $24.3 Million for Production of Towed Decoys

    GOLETA, Calif., Oct. 16, 2008 /PRNewswire/ -- Raytheon Company (NYSE:
RTN) has received a $24.3 million contract for continued production of its
ALE-50 line of towed decoys.

    The award by the U.S. Air Force Warner Robins Air Logistics Center
represents the 12th production lot of ALE-50 equipment ordered for the Air
Force and Navy. The contract calls for 799 decoys for the Air Force and 249
for the Navy to be delivered through October 2010.

    "The tradition of success of our towed decoy product line continues,"
said Roy Azevedo, manager of Raytheon's Electronic Warfare business area.
"Not only is ALE-50's operational performance unequaled, our record of
on-time production is a model for program execution."

    Production of ALE-50 equipment began in December 1996. Raytheon
recently produced its 23,000th ALE-50 decoy and has achieved 12 years of
on-time deliveries. Completion of the Lot 12 program will bring the total
number of decoys produced by Raytheon to 25,682.

    Towed decoy systems enhance aircraft survivability by acting as a
preferential target for many types of missiles. 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 the company's Space and
Airborne Systems business at its Tactical Airborne Systems facility in
Goleta, Calif.

    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.


Contact: Ron Colman 805.879.2041
SOURCE Raytheon Company




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