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Raytheon Achieves Highest CMMI Rating for Software Engineering at its Indianapolis Operation

INDIANAPOLIS, Dec. 11, 2006 /PRNewswire/ -- Raytheon Technical Services Company LLC (RTSC), a subsidiary of Raytheon Company (NYSE: RTN), has achieved the highest Capability Maturity Model Integration (CMMI®) rating for software engineering processes at its Indianapolis location.

The level 5 rating, the result of the business unit's recent appraisal against the Carnegie Mellon University Software Engineering Institute's CMMI models, indicates that the site has proven continual, measurable software process improvement on its projects.

The appraisal also included an initial assessment of the site's systems engineering. In this discipline, the site achieved a level 3 rating, a significant accomplishment for a first appraisal. This level demonstrates that the organization has established an infrastructure that institutionalizes effective systems engineering and management processes across all projects.

CMMI is recognized worldwide as the standard by which businesses can measure the maturity of their technical and managerial processes. The levels indicate an organization's ability to provide predictable quality while managing and controlling project risks. The achievement of level 5 for software engineering and level 3 for systems engineering reflects Raytheon's ability to apply the mature processes and tools needed to ensure reliability, consistency and accuracy in the products they provide.

"We are focused on continuously improving our processes in order to realize the increased cost-effectiveness, improved delivery schedules and high quality that enable our customers' mission success," said John Balaguer, RTSC vice president and general manager of RTSC's Indianapolis-based business unit. "This CMMI appraisal is the latest step on that journey and one on which we will continue to build."

RTSC provides technology solutions for defense, federal and commercial customers worldwide. It specializes in Mission Support, counter-proliferation and counter-terrorism, base and range operations and customized engineering services and manufacturing.

Raytheon Company, 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.

  News release Contact:
  Linda Ban
  317.306.7093

  Note to Editors: Additional Information

Capability Maturity Model Integration (CMMI) is a process-improvement approach that provides organizations with the essential elements of effective processes. It can be used to guide process improvement across a project, a division or an entire organization. CMMI helps integrate traditionally separate organizational functions, set process-improvement goals and priorities, provide guidance for quality processes, and provide a point of reference for appraising current processes. The five maturity levels of the CMMI models indicate stages of progressive development in an area. Each maturity level has a set of process areas with associated practices designed to effectively implement and institutionalize the infrastructure and activities necessary to achieve and maintain that level of process maturity.

®CMMI is registered in the U.S. Patent and Trademark Office by Carnegie Mellon University.

SOURCE: Raytheon Company

CONTACT: Linda Ban of Raytheon Company, +1-317-306-7093

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

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