Raytheon Company Purchases Flight Options International's Interest in Flight Options, LLC

Search Blogs that Mention this News Release

Click this link to view linked Bookmarking Services

Click this link to view linked Blogging Services

Raytheon Company Purchases Flight Options International's Interest in Flight Options, LLC

    WALTHAM, Mass., Dec. 29, 2005 /PRNewswire-FirstCall/ -- Raytheon Company
(NYSE: RTN) has closed an agreement with Flight Options International to
purchase its remaining equity in Flight Options, LLC, a fractional jet service
provider.
    Prior to this agreement, Raytheon had a 97.6% ownership stake in Flight
Options, LLC.  This equity purchase makes Flight Options, LLC a wholly-owned
subsidiary of Raytheon Company. Terms of the agreement were not disclosed.

    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 more than 80,000 people
worldwide.

    Contact
     Steve Brecken
     781.522.5127

SOURCE Raytheon Company

http://www.raytheon.com
CONTACT:
Steve Brecken of Raytheon Company,
+1-781-522-5127