WASHINGTON, Sept. 23, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $232.8 million contract for the system development and demonstration phase of the GPS-based Joint Precision Approach and Landing System (JPALS) program for shipboard applications. JPALS provides all-weather shipboard landing capability to assist the Navy with pinpoint landing accuracy on aircraft carriers.

The Raytheon team's solution for JPALS improves safety, lowers the total cost of ownership during the program's lifecycle and provides greater flexibility and efficiency. A modular design and open system approach minimizes costs of future applications.

"When our service members are conducting missions in hostile environments or inclement weather, we want them to have confidence that their aircraft will land exactly where they should each and every time," said Andy Zogg, Raytheon vice president of Airspace Management and Homeland Security.

The team, led by Raytheon Network Centric Systems, includes Rockwell Collins, Northrop Grumman and SAIC. The award represents more than a decade of developing and demonstrating that GPS-based satellite navigation technology works.

"In addition to the Department of Defense application, this award adds valuable experience to our ongoing development of space-based augmentation systems in air traffic management," said Zogg. "Raytheon has certified this type of system in Japan and the U.S. and is the only company with that distinction. In India, Raytheon will provide satellite-based navigation for civil aviation across South and East Asia for the safest and most accurate air navigation system deployed in the region."

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.

   Contact:
   Lynford Morton
   703.284.4446
   lynfordm@raytheon.com

SOURCE: Raytheon Company

CONTACT: Lynford Morton of Raytheon Company, +1-703-284-4446,
lynfordm@raytheon.com

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