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Raytheon Selected for $546 Million Follow-On Contract to Continue Providing Science, Operations, and Maintenance support to the U.S. Antarctic Program
RESTON, Va., Oct. 18, 2004 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE: RTN) has been selected to continue support services for the National Science Foundation's U.S. Antarctic Program. The support contract extension is for $546 million, bringing the total value of the contract to $1.172 billion and extending the agreement another five years from April 1, 2005 to March 31, 2010. The initial program was awarded in April 2000. Under the contract, Raytheon Technical Services Company LLC (RTSC) will continue to provide science, operations and maintenance support for the U.S. Antarctic Program, the nation's scientific research program in the Antarctic, to include all labor, materials, facilities and equipment. Work is performed in Antarctica, South America, New Zealand and the United States. The U.S. Antarctic Program is the national program for scientific research and geopolitical presence in Antarctica, the world's southernmost continent. This presence includes the conduct of scientific activities in major disciplines, year-round occupation of the South Pole and two coastal stations, and logistics, operations, communications, maintenance and construction services for the program. Raytheon Technical Services Company LLC provides technology solutions for defense, federal and commercial customers worldwide. It specializes in product and systems support, customized engineering and on-site engineering solutions. 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: Additional information The Antarctic program is funded and managed by the National Science Foundation (NSF), federal agency that supports research and education in the sciences and engineering. The NSF organization tasked with this responsibility is the Office of Polar Programs. By presidential direction, the United States maintains an active and influential presence in Antarctica designed to support the range of U.S. Antarctic interests. In addition, U.S. objectives include protection of the Antarctic environment and conservation of living resources in the oceans around Antarctica. These environmental responsibilities influence the course of all USAP activities in Antarctica. National Science Foundation fact sheets:http://www.nsf.gov/od/lpa/news/media/99/fs_usap.htm andhttp://www.nsf.gov/od/lpa/news/media/01/fssigsci.htm Contact: Kristin Patterson Jones 703.295.2534 SOURCE: Raytheon Company Web site: http://www.raytheon.com/