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Raytheon Declares Quarterly Cash Dividend

WALTHAM, Mass., June 30, 2006 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE: RTN) announced today that its Board of Director has declared a quarterly cash dividend of 24 cents per share of outstanding common stock. The cash dividend is payable on August 14, 2006 to shareholders of record as of the close of business on July 17, 2006.

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.

   Steve Brecken

SOURCE: Raytheon Company

CONTACT: Steve Brecken of Raytheon Company, +1-781-522-5127

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

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