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Raytheon Awarded $16.3 Million Contract by the TSA to Provide Security Screening Services at Key West International and Florida Keys Marathon Airports

RESTON, Va., May 24, 2007 /PRNewswire/ -- Raytheon Technical Services Company (RTSC) LLC, a subsidiary of Raytheon Company (NYSE: RTN), has received a contract valued up to $16.3 million to provide passenger and baggage screening services at two Florida commercial airports, Key West International Airport and the Florida Keys Marathon Airport, under the Transportation Security Administration's (TSA) Screening Partnership Program (SPP). The total period of performance is four years, four months, which begins today and ends Sept. 30, 2011.

RTSC teamed with McNeil Security Inc., a wholly-owned subsidiary of McNeil Technologies, and the current SPP contractor at the Greater Rochester International Airport, to offer the TSA a comprehensive screening operations plan. The plan complies with TSA airport security standard operating procedures and will address the recruiting and retention challenges in the Florida Keys.

Existing TSA Key West Federal Transportation Security Officers will be offered jobs with the Raytheon and McNeil team. The staff will be augmented by approximately 20- to 30- new hires, providing job opportunities for residents in the lower Keys. All employees will be offered a competitive compensation and benefits plan that has been designed to meet the Florida Keys cost of living requirements.

"We are excited about this TSA award because it is an opportunity to continue enhancing RTSC's reputation as a trusted Federal services contractor," said Dave Dacquino, vice president of RTSC's Integrated Support Solutions business area. "This contract will help solidify RTSC's position as a strategic partner and allow us to provide Mission Support solutions that enhance homeland security.

"Also, we are very pleased that this contract will provide jobs and economic growth to the residents of the lower Keys," Dacquino added. "It's a win-win for everyone involved."

RTSC provides technology solutions for defense, federal and commercial customers worldwide. It specializes in Mission Support, counter-proliferation and counter-terrorism, homeland security solutions, base and range operations and customized engineering and manufacturing.

Raytheon Company, with 2006 sales of $20.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 73,000 people worldwide.

Note to Editors: Additional Information

The TSA Screening Partnership Program (SPP) enables qualified private vendors to perform the screening of passengers and baggage at airports participating in the program. Under SPP, the TSA Federal Security Director remains responsible for overseeing TSA security standards and contractor performance. The program was designed to meet the requirements established in the Aviation and Transportation Security Act of 2001, commonly referred to as ATSA. Since November 19, 2004, airport authorities have been eligible under SPP to submit an application to TSA to use private vendors. Today, there are six airports participating in SPP, in addition to Key West International Airport and the Florida Keys Marathon Airport.

Together, Raytheon Company and McNeil Security are qualified to provide customers with critical security screening services that can increase efficiencies, improve customer service, enhance airport security and help protect our nation. Raytheon has more than 19 years of experience delivering innovative airport security solutions to more than 450 commercial airports, and McNeil is one of only five entities currently providing private passenger and baggage screening services.

  Cassandra Watson
  (703) 295-2424
  John Clemons
  (703) 295-2530

SOURCE: Raytheon Company

CONTACT: Cassandra Watson, +1-703-295-2424, or John Clemons,
+1-703-295-2530, both of Raytheon Company

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

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