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Raytheon Network Centric Systems Achieves CMMI Level 5

MCKINNEY, Texas, June 5, 2007 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Network Centric Systems has attained a multi-site Capability Maturity Model Integration(R) (CMMI) Level 5 rating for systems, software and hardware engineering.

CMMI is a process-improvement approach that provides organizations with the essential elements of effectively managing quality while controlling risk. It can be used to guide process improvement across a project, a division or an entire organization. CMMI helps integrate traditionally separate organizational functions, sets process-improvement goals and priorities and provides a point of reference for appraising current processes.

The five maturity levels of the CMMI models indicate stages of progressive development in an area. The Level 5 rating, highest of the five, validates NCS' ability to apply a disciplined, flexible engineering process across a broad range of programs.

"We have created a team that can rapidly move work to wherever the engineering expertise exists," said Colin Schottlaender, president of Network Centric Systems. "With our common process architecture, we can design, build and support our customers from any one of our sites with a consistent level of performance that delivers predictable, innovative and cost effective solutions."

NCS locations recognized in the appraisal included: Marlborough, Mass., Fort Wayne, Ind., St. Petersburg, Fla., McKinney, Texas, and Fullerton, Calif.

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.

Contact:
Jennifer Hunt Frazier
972.952.6746



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