FOREST, Miss., Aug. 2, 2007 /PRNewswire/ -- Raytheon Company (NYSE: RTN) will dedicate a 90,000 square-foot expansion of its Consolidated Manufacturing Center Aug. 2.

The Honorable Haley Barbour, Governor, Mississippi, and Raytheon Chairman and CEO William H. Swanson will speak at the event. Also present will be Jon Jones, president of Raytheon Space and Airborne Systems.

"The expansion of Raytheon's facility in Forest is further evidence of this outstanding company's continuing commitment to the economic growth of central Mississippi," Gov. Barbour said. "Not only does the expansion open the door to more good jobs and greater economic development in the region, it also demonstrates the increasingly critical role Mississippi workers play in keeping the U.S. military the strongest in the world."

Joining Raytheon officials on the occasion will be Gray Swoope, executive director of the Mississippi Development Authority.

The plant, which manufactures radar and other sensor systems for a variety of military programs, expects to add approximately 110 jobs as current programs expand and new ones begin. The current number of employees is about 750.

"The growth at Forest is a direct result of the hard work and dedication of our employees," Raytheon Chairman and CEO William H. Swanson said. "They are building the top-quality systems that our customers have come to expect from us. We are extremely proud of their efforts. The products produced here provide for the safety of our military around the world."

Raytheon Space and Airborne Systems is a leading provider of sensor systems giving military forces the most accurate and timely actionable intelligence available for the network-centric battlefield. With 2006 revenues of $4.3 billion and 12,000 employees, SAS is headquartered in El Segundo, Calif. Additional facilities are in Goleta, Calif.; Forest, Miss.; Dallas, McKinney and Plano, Texas; and several international locations.

Raytheon Company, with 2006 sales of $20.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 85 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 73,000 people worldwide.

  Contact:
  Sabrina Steele
  310.647.9067
  sksteele@raytheon.com

SOURCE: Raytheon Company

CONTACT: Sabrina Steele of Raytheon Company, +1-310-647-9067,
sksteele@raytheon.com

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