AURORA, Colo., Sept. 23, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is pleased to announce that the American Meteorological Society (AMS) has selected Ryan R. Neely III and Bradley W. Bauer as the recipients of the AMS-Raytheon Company Graduate and Undergraduate Fellowships for 2008-2009.

Raytheon's fellowships are two of the 13 annual fellowships AMS awards to first-year graduate and undergraduate students across the country. The fellowships are designed to attract emerging scientists and engineers to careers in atmospheric, oceanic and hydrographic sciences.

"These fellowships demonstrate our company's commitment to the atmospheric and oceanographic sciences by helping to develop future leaders in these fields," said Mike Keebaugh, president of Raytheon Intelligence and Information Systems (IIS). "As a major provider of space and information sensors and systems for our nation's meteorological and oceanographic community, our business depends on attracting the brightest minds to our company."

Ryan Neely, who completed his bachelor's degree in physics last spring from North Carolina State University, is pursuing his doctorate degree in atmospheric science at the University of Colorado. He plans to study the use of light detection and ranging on polar clouds.

"It's an honor to be selected for this prestigious award," Neely said. "The AMS-Raytheon Fellowship puts me closer to realizing my professional aspiration to study one of my true passions."

Bradley Bauer is a recent graduate of Central Columbia High School in Bloomsburg, Pennsylvania. He is now pursuing his bachelor's degree in meteorology at Pennsylvania State University.

Founded in 1919, AMS promotes development and dissemination of information on atmospheric, oceanic and hydrologic sciences and advancement of the society's professional applications. Raytheon is a corporate patron of the AMS.

Based in Garland, Texas, Raytheon IIS is a leading provider of information and intelligence solutions to the government. Raytheon IIS had 2007 annual revenues of $2.7 billion and employs more than 9,000 engineering and technical professionals worldwide.

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 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 72,000 people worldwide.

  Contact:
  Quentin Hunstad
  703.849.1588
  quentin_r_hunstad@raytheon.com

SOURCE: Raytheon Company

CONTACT: Quentin Hunstad of Raytheon Company, +1-703-849-1588,
quentin_r_hunstad@raytheon.com

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