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Raytheon Seeks Solutions for Defeating Improvised Explosive Devices

WASHINGTON, May 10, 2007 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is seeking partners to help create innovative solutions to defeat the number one killer of service members in the global war on terror -- the improvised explosive device.

During the last six months, Raytheon's McKinney, Texas-based Network Centric Systems has led a company-wide drive to rapidly develop and field solutions to defeat IEDs. To broaden the scope of the research, Raytheon is now inviting potential partners to join the effort by registering solutions and ideas at http://www.raytheon.com.

Raytheon will review the registered submissions for feasibility and will contact the appropriate sponsors of those ideas deemed appropriate for further development.

Information provided during registration will be treated in a confidential manner and will be subject to reasonable and prudent safeguards against improper disclosure.

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 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.

Raytheon Company
Media Relations
1100 Wilson Blvd
Arlington, Va. 22209

George Rhynedance

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