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Raytheon Honored at Special Olympics Gala

TEWKSBURY, Mass., Nov. 1, 2006 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was honored for its continued support by Special Olympics Massachusetts (SOMA) during its 35th annual Hall of Fame Dinner held last week at Gillette Stadium in Foxboro, Mass.

In addition to sponsoring Special Olympics in Massachusetts with funding and more than 700 volunteers both in 2005 and 2006, Raytheon employees from Integrated Defense Systems (IDS), Raytheon Global Headquarters, Network Centric Systems (NCS), Raytheon Technical Services Company, and Raytheon Australia also supported Special Olympic events in Rhode Island, Colorado and Australia.

IDS President Dan Smith was presented the first President's Award for his personal commitment and IDS' support of Special Olympics in Massachusetts, while Tom Kostizak, Engineering Fellow from NCS in Marlborough, Mass., was inducted into SOMA's Hall of Fame for his work as a volunteer manager and co-director since 1998.

"It is a privilege and honor for us to be associated with Special Olympics," Smith said. "I accept this honor on behalf of my teammates. Raytheon will be here next year."

In presenting the award, SOMA President and CEO Bob Johnson said, "Anyone who partners with Raytheon is made better by that partnership. Thank you, Dan and Raytheon, for being here now and in the future."

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, the U.S. Armed Forces and the Department of Homeland Security.

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.

  Guy Shields

SOURCE: Raytheon Company

CONTACT: Guy Shields of Raytheon, +1-978-858-5246

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

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