WALTHAM, Mass., Sept. 22, 2006 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Directors has declared a quarterly cash dividend of 24 cents per share of outstanding common stock. The cash dividend is payable on November 1, 2006 to shareholders of record as of the close of business on October 4, 2006.

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
  Jon Kasle
  781.522.5110

SOURCE: Raytheon Company

CONTACT: Jon Kasle of Raytheon Company, +1-781-522-5110

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