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Raytheon Wins NOAA Ocean Observation Case Study Contract

AURORA, Colo., March 23, 2006 /PRNewswire/ -- Raytheon Company's Intelligence and Information Systems business has been awarded a six-month, competitive contract by the National Oceanographic & Atmospheric Administration's (NOAA) National Ocean Service to develop a conceptual design, life-cycle cost estimate and viability narrative for the Integrated Ocean Observing System (IOOS).

IOOS is a significant component of the emerging Global Earth Observation System of Systems, a global monitoring network involving NOAA, federal partners, and nearly 60 countries. Raytheon will perform the work at its Aurora, Colo., Pasadena, Calif., and Reston, Va., sites.

"Raytheon has a long-standing relationship with NOAA, and we are proud to continue that service with this award," said Ray Kolibaba, vice president of Space Systems for the Intelligence and Information Systems business. "We look forward to working with the broad set of stakeholders to develop an approach for building IOOS that will enable oceanographic data and services to be applied to a variety of important applications such as disaster mitigation, water quality, human health, and energy resource management."

Raytheon Intelligence and Information Systems (IIS), with 2005 sales of $2.5 billion, is a leading-edge provider of information and intelligence solutions to the government, providing the right knowledge at the right time.

Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 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.

   Darci Bushey

SOURCE: Raytheon Company

CONTACT: Darci Bushey of Raytheon, +1-303-344-6608

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

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