WALTHAM, Mass., May 27 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE:
RTN) today announced that William H. Swanson, Chairman and CEO, exercised an
expiring stock option to purchase approximately 3,000 shares of the Company's
common stock. In a separate transaction, Swanson also exercised an expiring
option to purchase approximately 20,000 shares of the Company's common stock
and sold the underlying shares.
As a net result of these transactions, Swanson increased his Raytheon
share ownership by approximately 1,500 shares.
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.
SOURCE: Raytheon Company
Web site: http://www.raytheon.com/