TEWKSBURY, Mass., May 10, 2006 /PRNewswire/ -- Raytheon Company's Surveillance Radar Program (SRP) has successfully completed its system design review (SDR). The two-day intensive technical review took place with the U.S. Air Force Electronic Systems Center, which oversees the contract on behalf of the Taiwan air force, the end-user.

Pete Franklin, vice president, Raytheon Integrated Defense Systems (IDS) Missile Defense business, said, "The SRP early warning radar system will enable the Taiwan air force to detect and track long- and short-range tactical ballistic missiles, cruise missiles and other air breathing targets."

The successful SDR is an important technical review of all contract requirements. It validates that the final design will meet performance, cost and schedule expectations and opens the way for the next major milestone, the hardware preliminary design review.

SRP is a $752 million foreign military sales contract with Air Force Materiel Command's Electronic Systems Center, Hanscom Air Force Base, Mass. It leverages Raytheon's continuing performance record of providing phased-array, early warning radars to the U.S. government.

Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a strong international and domestic customer base, including the U.S. Missile Defense Agency and the U.S. armed forces.

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:
  Guy Shields
  978.858.5246

SOURCE: Raytheon Company

CONTACT: Guy Shields of Raytheon Company, +1-978-858-5246

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