FALLS CHURCH, Va., July 30, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has partnered with The Boeing Company (NYSE: BA) to bid for the U.S. Air Force's Counterspace Command and Control Sustainment contract.

The contract, with a potential value of $100 million during the next 10 years, outlines the need for a comprehensive command and control, or C2, capability supporting the Air Force's space superiority mission. The requirements include designing and developing a solution that will protect global satellite communications systems and deliver new C2 capabilities to the Air Force. The contract award is expected in September 2008.

"Raytheon's solution will enable the Air Force to manage and update the system in a virtual environment, a significant savings to our customer," said Jack Harrington, vice president, Network Centric Systems' Command and Control Systems. "This capability is another example of Raytheon's experience and track record of providing proven transformational solutions to the warfighter that align with emerging Department of Defense net-centric standards."

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 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 72,000 people worldwide.

Note to Editors:

Raytheon's command and control solutions include the Advanced Field Artillery Tactical Data System, which has received a top five Department of Defense award for systems engineering. AFATDS is part of the battle command networked system providing fire support command and control capability for the Army and Marine Corps. It has been employed in combat operations in Afghanistan and Iraq.

   Contact:
   MB Hodgkiss
   508.490.2607

SOURCE: Raytheon Company

CONTACT: MB Hodgkiss of Raytheon Company, +1-508-490-2607

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