WALTHAM, Mass., Oct. 27, 2006 /PRNewswire/ -- Raytheon Company (NYSE: RTN) announced today plans to withdraw its common stock from listing on NYSE Arca, Inc., formerly known as the Pacific Exchange, and the Chicago Stock Exchange, in order to reduce regulatory and administrative burdens. Raytheon's common stock will continue to trade on the New York Stock Exchange and will also continue to trade on an unlisted trading privilege basis on both the NYSE Arca and the Chicago Stock Exchange.

Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 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 80,000 people worldwide.

  Contact
  Jon Kasle
  781.522.5110

  Investor Relations Contact
  Greg Smith
  781.522.5141

SOURCE: Raytheon Company

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

Web site: http://www.raytheon.com/