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Raytheon Submits Two Strategic Space program Proposals

Plans strengthen Raytheon's leadership role for Air Force Space Command

COLORADO SPRINGS, Colo., April 11, 2007 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has submitted two strategic proposals for key Department of Defense space programs. The company will lead two separate industry teams in pursuit of the next-generation Global Positioning System Control Segment (OCX) and Network and Space Operations & Maintenance, or NSOM.

"With more than 35 years of high availability precision satellite ground command and control experience, Raytheon is uniquely positioned to leverage its space based navigation knowledge and expertise," said Michael D. Keebaugh, president of Raytheon Intelligence and Information Systems business. "This enables the U.S. Air Force to deliver the right systems to meet the needs of the military users and operators."

GPS OCX is a program to provide command, control, and mission support for current GPS Block II as well as future GPS Block III satellites with support to existing and new interfaces. The initial selection of two qualified competitors is scheduled for August 2007. The OCX program is valued at $160 million and is administered by the Air Force Space and Missile Systems Center, Los Angeles Air Force Base, Calif.

The NSOM program, which will be administered by the Air Force Space Command's 50th Space Wing, Schriever Air Force Base, Colo., will be executed over the next seven years.

The NSOM program will provide operations, maintenance and logistics support to a number of Department of Defense space systems that include but are not limited to the defense satellite communications system earth terminals; MILSTAR earth terminals; data link terminals; Air Force satellite control network remote tracking stations; global positioning system ground antennas, monitor stations and the master control station.

The Raytheon NSOM teammates are: Northrop Grumman Space & Mission System Corporation, Lockheed Martin, Sparta, Inc.; Infinity Systems Engineering, ITS, Integral Systems, Frontier Systems Integrators, LLC; and Boecore.

Headquartered in Garland, Texas, Raytheon IIS is a leading provider of information and intelligence solutions to the government. Raytheon IIS has annual revenues of approximately $2.6 billion and employs more than 8,000 engineering and technical professionals worldwide. Raytheon IIS recently achieved a strategic milestone in earning CMMI® (Capability Maturity Model Integration) Level 3 accreditation across its enterprise.

Raytheon Company, with 2006 sales of $20.3 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 80 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 73,000 people worldwide.

   Keith Little

SOURCE: Raytheon Company

CONTACT: Keith Little of Raytheon Company, +1-703-849-1675

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

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