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Raytheon Awarded $260 Million Contract for BMDS Radar Contractor Logistics Support

TEWKSBURY, Mass., June 8, 2005 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a contract by the Missile Defense Agency (MDA) for Contractor Logistics Support (CLS) of the Ballistic Missile Defense System (BMDS) radars. The contract has a potential value of $260 million over the five-year period of performance.

Under the innovative contract, Raytheon Integrated Defense Systems (IDS) will be responsible for operating and maintaining Forward Based X-Band Transportable (FBX-T) radars as part of the Missile Defense Agency's BMDS. The CLS contract covers all operations and sustainment of the forward based radars, including site surveys and site preparation; operational readiness certification; site operation and maintenance; mission preparation and support; radar performance reporting and analysis; depot support; and administrative and physical security. Under this contract, Raytheon will provide the warfighter with "no doubt" reliability, ensuring that these radars work the first time and every time.

"The BMDS Radar CLS contract award underscores Raytheon's role as a mission systems integrator providing innovative solutions in missile defense for our customer," said Rick Yuse, vice president of Raytheon IDS Missile Defense Business Area.

Raytheon IDS was awarded a BMDS Radar contract by the MDA in April 2003 and delivered the first FBX-T radar under budget and ahead of schedule in November 2004. The FBX-T is a high-power, transportable X-Band radar designed to track ballistic missiles in the boost and post-boost phases of flight.

Based in Tewksbury, Mass., Integrated Defense Systems is Raytheon's leader in joint battlespace integration. With a strong international and domestic customer base, including the U.S. Missile Defense Agency and the U.S. armed forces, Integrated Defense Systems provides integrated air and missile defense and naval and maritime warfighting solutions.

Raytheon Company (NYSE: RTN), with 2004 sales of $20.2 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.

   Joyce Melikian
SOURCE: Raytheon Company

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

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