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Raytheon Delivers 100,000th Best of Breed Module in Support of Missile Defense Systems

    DALLAS, Texas, Oct. 12, 2004  /PRNewswire-FirstCall/ -- Raytheon Company
has recently completed production of its 100,000th  "Best of Breed" (BoB)
Transmit/Receive (T/R) microwave module currently used to support air defense
systems for missile defense.

    The BoB module program leverages Raytheon's superior technology,
performance and reliability into a common component used in the Terminal High
Altitude Area Defense Radar (THAAD), the Ballistic Missile Defense System
(BMDS), and the X-Band Radar (XBR) systems.  These programs benefit from a
common module strategy that not only enhances overall performance, but
significantly reduces operation and maintenance cost.

    "Two significant events in the life of the BoB T/R module have occurred,"
said Advanced Products Center Program Director James Klein.  "The first is the
completion of basic deliveries for XBR.  Deliveries were completed one month
ahead of plan and more than $1 million will be returned to the program.  The
second significant event is the delivery of the 100,000th BoB module."

    "More than any other company, Raytheon provides an extensive array of
technologies and programs that are bringing home the promise of missile
defense," said Rick Yuse, vice president of the Missile Defense business area
at Raytheon's Integrated Defense Systems.  "We are committed to helping our
Missile Defense Agency and U.S. Army customers develop a family of missile
defense radars that will provide our warfighters and our nation a defense
against the threat of ballistic missile attack."

    Two businesses within Raytheon worked closely together to achieve this
milestone in late August -- Raytheon Integrated Defense Systems (IDS) and
Raytheon Space and Airborne Systems (SAS).

    "As the industry leader in active array technology, Raytheon has the
expertise to produce reliable active arrays that support missile defense,
intelligence, surveillance and reconnaissance, and precision engagement
missions," said Raytheon SAS Vice President Dennis Reed.  "For missile
defense, the antennas require large, powerful transmit/receive modules that
are the eyes of the system.  No one builds these T/R modules better than

    In addition to missile defense systems, Raytheon produces T/R modules for
the F-15, F/A-18 Super Hornet, Airborne Stand-off Radar (ASTOR), E-10A, and
other systems.

    Raytheon Company's Space and Airborne Systems (SAS) designs, develops and
manufactures advanced mission systems for precision engagement; missile
defense; and intelligence, surveillance, and reconnaissance.  Headquartered in
El Segundo, Calif., SAS has 11,000 employees and additional facilities in
Goleta, Calif.; Forest, Miss.; Dallas, McKinney and Plano, Texas; and several
international locations.

    Based in Tewksbury, Mass., Integrated Defense Systems is Raytheon's leader
in mission systems integration.  With a strong international and domestic
customer base, including the U.S. armed forces and the U.S. Missile Defense
Agency, Integrated Defense Systems provides integrated solutions for the air,
surface and subsurface battlespace.

    Raytheon Company (NYSE: RTN), with 2003 sales of $18.1 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 78,000 people worldwide.

   Sabrina Steele
   310.647.9067 office
   310.977.4998 mobilesksteele@raytheon.com

SOURCE: Raytheon Company

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

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