AURORA, Colo., Nov. 26, 2007 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $160 million, 18-month contract to develop a new system design for the next-generation Global Positioning System Control Segment. The contract was awarded by the U.S. Air Force Space and Missile Systems Center.

The new control segment will revolutionize GPS command, control and mission capabilities and refocus operations for the current GPS Block II and all future GPS satellites on user effects-based operations. The system will include anti-jam capabilities, improved system security, accuracy and reliability and will be based on a modern service-oriented architecture to integrate government and industry open system standards.

"This award is an excellent opportunity for Raytheon to continue our fine performance in control systems while pursuing new areas for growth," said Michael D. Keebaugh, president of Raytheon's Intelligence and Information Systems (IIS) business. "With more than 40 years' experience delivering satellite ground command and control systems, we are uniquely qualified to deliver the right control system to enhance the Air Force, military and civil users' capabilities."

Keebaugh added that Raytheon has deployed more than 100 unique control systems for military and commercial satellites as well as 75 GPS systems for the Department of Defense, civil, commercial and national markets ranging in scope from navigation, transportation, surveying and rescue operations.

Based in Garland, Texas, Raytheon IIS is a leading provider of information and intelligence solutions to the government. Raytheon IIS has annual revenues of approximately $2.6 billion and employs more than 9,000 engineering and technical professionals worldwide.

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.

Note to Editors

This contract award was originally announced by the Department of Defense Nov. 21, 2007.

  Contact:
  Keith Little
  703.949.1675

SOURCE: Raytheon Company

CONTACT: Keith Little of Raytheon Company, +1-703-849-1675

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