TUCSON, Ariz., Jan. 29, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and The Boeing Company (NYSE: BA) completed a series of captive flight tests for the Joint Air-to-Ground Missile competition. The tests prove the system is ready for guided test shots.

"The Raytheon-Boeing JAGM is a mature, capable system. We have proved the technical readiness of this superior warfighting solution," said Bob Francois, vice president of Raytheon Missile Systems' Advanced Missiles and Unmanned Systems product line. "JAGM meets the warfighter's needs and is affordable across the acquisition spectrum including development, operations and support costs."

JAGM will replace three legacy missiles currently in the U.S. Army, Navy and Marine Corps inventory. The Raytheon-Boeing team's JAGM features a Boeing body, a Boeing warhead and a Raytheon tri-mode seeker. The tri-mode seeker leverages technology used on the Raytheon GBU-53/B Small Diameter Bomb II and improved Precision Attack Missile. The tri-mode seeker enables JAGM to attack a variety of fixed and moving targets regardless of weather conditions.

"Boeing is renowned for its proficiency in integrating weapons on platforms like the Super Hornet and AH-64D Apache Longbow," said Carl Avila, Boeing's director of Advanced Weapons and Missile Systems. "When combined with Raytheon's expertise in developing seekers for guided weapons, our JAGM solution is the low-risk solution for operations on rotary- and fixed-wing aircraft and operations at very cold temperatures."

Raytheon Company (NYSE: RTN), with 2009 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 88 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 75,000 people worldwide.

A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses specializing Integrated Defense Systems is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32 billion business with 70,000 employees worldwide.

www.raytheon.com

    Contact:
    Raytheon Missile Systems                  Boeing Advanced Systems
    Mike Nachshen                             Chris Haddox
    520.794.4088 - office                     314.234.6447  office
    520.269.5697 - mobile                     314.707.8891  mobile
    Michael_nachshen@raytheon.com             chris.d.haddox@boeing.com

SOURCE: Raytheon Company

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

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