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Raytheon Company Declares Quarterly Cash Dividend

    WALTHAM, Mass., Dec. 12, 2007 /PRNewswire-FirstCall/ -- Raytheon
Company (NYSE: RTN) announced today that its Board of Directors has
declared a quarterly cash dividend of 25.5 cents per outstanding share of
common stock. The cash dividend is payable on January 31, 2008 to
shareholders of record as of the close of business on January 3, 2008.

    Raytheon Company, with 2006 sales of $20.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 85
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 73,000 people worldwide.


Media Contact: Investor Relations Contact: Jon Kasle Greg Smith 781-522-5110 781-522-5141
SOURCE Raytheon Company




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CONTACT:
Media- Jon Kasle, +1-781-522-5110 or Investor
Relations- Greg Smith, +1-781-522-5141, both of Raytheon