WASHINGTON, March 30, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been selected by Transurban (USA) Inc. to deliver an integrated tolling and traffic management system for a 14-mile section of the  I-495 Capital Beltway in Northern Virginia. Financial terms were not disclosed.

Transurban (USA) Inc. is part of Transurban Group, which is a major transportation concessionaire owning and operating toll roads in the United States and Australia. The company has more than 5 million customers globally and 10 years of experience operating complex toll road infrastructures.

"We're offering a high-occupancy vehicle, transit and toll facility with a level of complexity and new technology that will allow us to provide our customers with the best on-road and customer service experience," said Tony Adams, Transurban vice president, Development & Major Product Support. "We selected Raytheon to help us deliver this project because of the company's proven experience delivering turn-key, integrated open road tolling systems, seamless back-office functionality and successful track record integrating tolling and traffic management systems."

One of the largest highway expansion projects in the country, the Capital Beltway High Occupancy Toll (HOT) project includes adding four lanes to the Beltway and replacing $260 million of aging infrastructure. More than 58 interchange bridges and overpasses will be rebuilt.

HOT lanes allow high-occupancy vehicles to travel free of charge while single-occupancy vehicles are tolled.

Slated to open in late 2012, the roadway will have real-time, incident -detection capabilities and a dynamic information messaging system that provides commuters with additional safety information. Raytheon will serve as the systems integrator.

"Open road tolling reduces traffic congestion, delivers better transit and faster commutes, which decreases air pollution," said Brian Hickey, Raytheon Network Centric Systems director, Strategic Transportation Systems. "We look forward to being a part of improving the commute on the Capital Beltway in the Washington Metropolitan Area."

Raytheon Company, 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.

SOURCE Raytheon Company