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Raytheon to Bid for Secure Border Initiative SBInet Contract

WASHINGTON, March 29, 2006 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE: RTN) intends to bid as a prime contractor for the Department of Homeland Security's Secure (DHS) Border Initiative SBInet project.

Raytheon has assembled a team that provides the best value industry solution and demonstrates a commitment to small and minority owned businesses. The team is uniquely suited to help DHS secure America's borders from illegal aliens, potential terrorists, weapons of mass destruction, drug traffic, and other contraband by providing an efficient mix of people, infrastructure, technology and rapid response capabilities.

"The Raytheon team incorporates a balance of the best technical expertise in systems integration, innovative thinking and first hand, real world experience of what our border security professionals need on the front line," said Gene Blackwell, vice president of the Rapid Initiatives Group, an elite Raytheon team that specializes in taking customer projects from concept to reality in a fraction of the normal procurement times.

"Our experience as a global leader in surveillance and systems integration will help the Raytheon-led team develop the force multipliers needed to help Customs and Border Protection gain operational control of the border," Blackwell continued. "Raytheon also brings a proven Integrated Product Team approach to program management that will ensure SBInet program success."

For more information on Raytheon's SBInet pursuit and to learn more about its commitment to small business, please visit http://wwwxt.raytheon.com/secureborderinitiative.

Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 billion, is an industry leader in defense and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs 80,000 people worldwide.

  Contact:
  Lynford Morton
  703.284.4446

SOURCE: Raytheon Company

CONTACT: Lynford Morton of Raytheon Company, +1-703-284-4446

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

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