WHITE SANDS MISSILE RANGE, N.M., July 30, 2008 /PRNewswire/ -- NetFires LLC, a joint venture between Raytheon Company's (NYSE: RTN) Missile Systems and Lockheed Martin (NYSE: LMT) Missiles and Fire Control, successfully launched another Non Line-of-Sight-Launch System Precision Attack Missile (PAM) July 22.

"The success of Control Test Vehicle-2, CTV-3 and CTV-4 allows us to conclude the first phase of controlled test flights," said Scott Speet, executive vice president of NetFires LLC and Raytheon's NLOS-LS program director. "NLOS-LS is now ready to begin the guided flight test phase in September."

To prove the missile's stability during flight, the test stressed the airframe to its limits using high-gravitational force maneuvers. The PAM joined the network after launch and operated as a node on the net throughout the flight using its onboard radio.

"The success of CTV-4 demonstrates the robustness of the PAM, which is designed to meet the warfighter's needs," said Col. Doug Dever, the U.S. Army's NLOS-LS project manager. "This advanced weapon system gives the commander a platform-independent system solution that provides organic, precision indirect fire support to the brigade combat team."

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.

Headquartered in Bethesda, Md., Lockheed Martin employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2007 sales of $41.9 billion.

Note to Editors:

The NLOS-LS is one of the 14 Future Combat Systems core systems. As part of the FCS systems-of-systems, the NLOS-LS will meet the requirements of the Army's future brigade combat teams by providing increased capability for the current force's modular BCT.

NLOS-LS provides the brigade commander immediate, precise and responsive fires on high-payoff targets with real-time target acquisition and battle effects. It is also one of the key littoral combat ship mission modules.

Compared to systems with equivalent firepower, the NLOS-LS provides a modular, persistent, responsive, networked and rapidly deployable precision-strike capability against moving and stationary targets.

   Contacts:
   Lockheed Martin                  Raytheon
   Craig Vanbebber                  Heather Uberuaga
   972.603.1615                     520.665.5594

SOURCE: Raytheon Company

CONTACT: Craig Vanbebber of Lockheed Martin, +1-972-603-1615; or Heather
Uberuaga of Raytheon, +1-520-665-5594

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