AURORA, Colo., Aug. 25  /PRNewswire/ -- Two Raytheon Company (NYSE: RTN)
sites have been recognized by the Defense Security Service with the
prestigious Cogswell Award for industrial security excellence. Only eight
awards were made this year from nearly 11,000 eligible contractors, and two
Raytheon facilities in its Intelligence and Information Systems business at
Aurora, Colo. and Huntsville, Ala., received this distinction.

    "We are honored and proud to receive these awards," said Mike Keebaugh,
IIS president. "Security is paramount to our customers and our business. These
awards serve as testimony to the effectiveness of our security plans and the
discipline with which they are implemented."

    Established in 1966 and named in honor of Air Force Col. James S.
Cogswell, the first chief of the united office of Industrial Security, the
Cogswell Award is the most prestigious honor for cleared industry.

    Criteria for the award focus on principles of industrial security
excellence, adherence to the National Industrial Security Program (NISP), and
setting standards for emulation by other contractors participating in the
program. Achieving this distinction requires extraordinary excellence
involving a total team effort by top management, the facility security officer
and facility workforce.

    Raytheon Company (NYSE: RTN), with 2003 sales of $18.1 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 78,000 people worldwide.


  Contact:
   Darci Bushey
   303.344.6608


SOURCE: Raytheon Company

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