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Navy Awards Contract to Raytheon for Continued Support for LPD 17

TEWKSBURY, Mass., Oct. 22, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a U.S. Navy contract for up to $23 million for lifecycle engineering and support for the LPD 17 class of amphibious warfare ships.

This award exercises the third of three one-year options included in the original contract awarded to Raytheon in 2005.

"Raytheon continues to build on its history of solid performance on the LPD 17 program, from electronics system design and ship integration to whole life support," said Robert Martin, IDS' vice president and deputy of Seapower Capability Systems. "As program milestones continue and more ships enter the fleet, our experience and expertise will help to maximize the capabilities, reliability and readiness of the ships of the LPD 17 class."

In addition to the prime contractor role for lifecycle engineering and support for integrated shipboard electronics, IDS is the total ship electronics systems integrator for the LPD 17 program. The company provides the Shipboard Wide Area Network, integrated product data environment, total ship information management, and integrated ship electronics architecture for the LPD 17 class of ships.

By leveraging the open architecture design and transformational technology advancements achieved as the Mission Systems Integrator on the Zumwalt, LPD 17 class and CVN ship programs, Raytheon continues to support the application of common technologies, processes and technology refresh across multiple platforms in the fleet.

Raytheon's work on the LPD 17 program is performed at the Expeditionary Warfare Center, San Diego, Calif.; Seapower Capability Center, Portsmouth, R.I.; and by Raytheon Technical Services Company in New Orleans and San Diego.

Integrated Defense Systems is Raytheon's leader in Global Capabilities Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.

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 more than 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: Carolyn Beaudry

+1-401.842.3550

SOURCE: Raytheon Company

CONTACT: Carolyn Beaudry of Raytheon Company, +1-401.842.3550

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