MCKINNEY, Texas, Sept. 9  /PRNewswire/ -- Raytheon Company (NYSE: RTN) has
received a $23.3 million addition to its Navy Multi-band Terminal (NMT)
contract that was awarded in October 2003.  The modified effort takes the
original contract's value for the initial phase of development of the terminal
from $61 million to $87 million.

    Raytheon will now propose an architectural standard for future Navy
satellite communication (SATCOM) terminal development as it designs an NMT
system based on the Software Communications Architecture (SCA).

    The U.S. Navy's Space and Naval Warfare Systems Command awarded the
original contract to Raytheon's Network Centric Systems business.  SPAWAR
awarded the contract on behalf of its organizational partner, the Program
Executive Office for Command, Control, Communication, Computers, Intelligence
and Space.

    NMT is a multi-band SATCOM terminal for ships, shore stations and
submarines. The program addresses many significant U.S. Navy objectives
including: reduction of "top side real estate," expansion of available
bandwidth, and support to FORCEnet, the Navy's approach to network-centric
operations.

    Under the contract modification, Raytheon will further define an
architecture to support communications above two gigahertz and implement SCA-
compliant SATCOM waveforms and other functions as part of the terminal
development. In addition, Raytheon will be able to prepare the Navy's
currently fielded Low and Medium Data Rate (LDR and MDR) software for delivery
to the Joint Tactical Radio System (JTRS) waveform library.   When the Navy
exercises all contract options, the company will also develop and deliver
waveforms for Extended Data Rate, Super High Frequency and Ka-band satellite
communications.

    "Our NMT provides solutions that are fundamental to FORCEnet's objective
of providing joint interoperability for Sea Strike, Sea Shield, and Sea
Basing. NMT will help the Navy to realize the vision of Sea Power 21," said
Jerry Powlen, vice president of Raytheon Integrated Communication Systems.

    Using NMT's multi-band SATCOM waveforms, warfighters will experience a
hike in bandwidth and seamless interoperability with satellite systems and
services such as:  Milstar, Advanced EHF, UHF Follow-On, Polar, Advanced
Polar, Wideband Gapfiller, Defense Satellite Communications System and Global
Broadcast Service.  Maintainers will experience higher system reliability,
without the need for new logistics systems or equipment replacement.

    Raytheon Company, with 2003 sales of $18.1 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 78,000 people worldwide.

    Note to editors:

    Software waveform development work will be conducted in Marlborough, Mass.
In 1999, an industry consortium led by Raytheon invented and subsequently
validated the SCA.  Since then, the Modular Software Radio Consortium (MSRC),
an international software radio standards body, has endorsed the SCA as the
definitive set of rules for the development of commercial and military
software radios, worldwide.

    NMT provides an integrated communications capability that supports
Extremely High Frequency/AEHF Low Data Rate (LDR)/Medium Data Rate
(MDR)/Extended Data Rate (XDR), Super High Frequency band, military Ka band,
and Global Broadcast Service (GBS) receive-only communications.


   Contact:
   Patricia Perlini
   972.952.4033


SOURCE: Raytheon Company

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