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Raytheon Awarded $27 Million for LPD 17 Life-Cycle Engineering and Support

TEWKSBURY, Mass., Nov. 7, 2007 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $27 million U.S. Navy contract for life-cycle engineering and systems integration for LPD 17, the U.S. Navy's next- generation class of amphibious warfare ships.

Raytheon Integrated Defense Systems (IDS) is the prime contractor for life-cycle engineering and systems integration for the LPD 17 ship class, providing integrated shipboard electronics support and engineering services. This contract exercises the second of three options included in the original contract awarded to Raytheon in 2005.

Engineering and support services provided will ensure that shipboard systems, components and technologies are maintained and upgraded for optimal functionality, performance and reliability of the Raytheon-designed ship systems.

"This contract extends Raytheon's longstanding history of delivering world-class systems integration, solutions and support to the warfighter," said IDS' Upinder Dhinsa, vice president of Maritime Mission Systems. "We remain committed to providing technological solutions that are highly capable, affordable, and -- most importantly -- reliable to our customers worldwide."

In addition to the prime contractor role for life-cycle engineering and support, IDS is the total ship electronics systems integrator for the LPD 17 program. By leveraging the transformational technology advancements achieved as the Mission Systems Integrator on the Zumwalt, LPD and CVN ship programs, Raytheon continues to support the application of common technologies and processes across multiple platforms in the fleet.

Integrated Defense Systems is Raytheon's leader in Joint Battlespace 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 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 85 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.

  Contact:
  Carolyn Beaudry
  401.842.3550

SOURCE: Raytheon Company

CONTACT: Carolyn Beaudry of Raytheon Company, +1-401-842-3550

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

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