Raytheon Awarded $68 Million Option on U.S. Army Live Training Contract

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Raytheon Awarded $68 Million Option on U.S. Army Live Training Contract
    RESTON, Va., Dec. 15 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been
awarded a one-year, $68 million option on its U.S. Army Live Training Program,
allowing the company to continue providing life cycle contractor support for
tactical engagement, instrumentation and range training devices and systems
for the Live Training Program.
    The award is the fifth of seven one-year options under an eight-year
contract. The initial contract, which was awarded in 1999 with a potential
value of $400 million, has grown to a potential of more than $800 million. The
contract is with the U.S. Army Program Executive Office for Simulation,
Training, and Instrumentation (PEO-STRI).
    Under the option, Raytheon Technical Services Company LLC (RTSC) will
continue providing operations, maintenance, and field engineering services;
tactical and operational scenario writing, planning, and exercise control;
data collection, training analysis, analysis support, real-time after action
reviews, and training device products. The program also provides worldwide
instructional and maintenance support of Tactical Engagement Systems.
    The program management office is located in Orlando, Fla., and work will
be performed at the National Training Center at Ft Irwin, Calif.; the Combat
Maneuver Training Center at Hohenfels, Germany; the Joint Readiness Training
Center at Ft. Polk, La. The Live Training Program staffs 16 field sites
worldwide from its central depot at Pomona, Calif., including Germany, Korea,
Italy and Kuwait.
    "Raytheon is proud to continue supporting PEO-STRI's critical mission:
preparing U.S. Army units and associated joint service counterparts for
combat," said Bryan J. Even, a vice president of Raytheon Company and
president of Raytheon Technical Services Company. "Live training is the most
realistic, most effective combat training our troops receive. Providing
training and range support services to the U.S. military is one of RTSC's
primary strengths, and it is a key element of our growth strategy."
    As part of a joint venture with EG&G Technical Services known as JT3 LLC,
Raytheon also provides instrumented test and technical training support to the
U.S. Air Force under the Joint Range Technical Services contract. This effort
includes the management, operations and maintenance, and engineering and
technical services of the Nevada Test and Training Range, Nellis Air Force
Base, Nev.; the Air Force Flight Test Center, Edwards Air Force Base, Calif.;
the Utah Test and Training Range, Utah; and the U.S. Navy Electronic Combat
Range at Naval Weapons Center-China Lake, Calif.
    Raytheon Technical Services Company LLC, a subsidiary of Raytheon Company,
provides technology solutions for defense, federal and commercial customers
worldwide. It specializes in customized engineering services; logistics and
supply chain management; training; and science, research and engineering
services.
    Raytheon Company, with 2002 sales of $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 Waltham, Mass., Raytheon employs more than 76,000 people
worldwide.

    Contact:
     Kristen Giddens
     703.295.2535
SOURCE Raytheon Company
http://www.raytheon.com
CONTACT:
Kristen Giddens, Raytheon Company,
+1-703-295-2535