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Raytheon Awarded $72 Million Radar Equipment Contract for Australia's Air Warfare Destroyer

TEWKSBURY, Mass., July 12, 2006 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $72.8 million U.S. Navy contract for the advanced procurement of radar equipment for the Royal Australian Navy's Air Warfare Destroyer (AWD). Under the contract, Raytheon Integrated Defense Systems (IDS) will provide system transmitters, associated hardware and spares for AN/SPY-1D(V) radar for the first three Australian ships.

"Raytheon continues to lead the industry in providing high quality engineering, production and support for radar equipment, providing mission critical search and guidance capabilities to U.S. and allied navy fleets," said Dan Martin, IDS' vice president of Maritime Mission Systems. "Our extensive experience allows us to deliver superior, combat-proven solutions to warfighters who rely on our systems to meet the requirements of their missions, each and every time, with no doubt."

IDS' SPY-1 radar transmitters and MK99 Fire Control Systems are onboard the U.S. Navy's fleet of cruisers and destroyers and are in-service onboard Japanese Kongo-class destroyers and Spanish F-100-class frigates.

Work will be performed at IDS' Surveillance and Sensors Center in Sudbury, Mass., the Integrated Air Defense Center in Andover, Mass., and the Maritime Mission Center in Portsmouth, R.I.

Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a strong international and domestic customer base, including the U.S. Missile Defense Agency and the U.S. armed forces.

Raytheon Company, 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.

  Carolyn Beaudry

SOURCE: Raytheon Company

CONTACT: Carolyn Beaudry of Raytheon Company, +1-401-842-3550

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

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