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Raytheon to Pursue U.S. Air Force Network and Space O&M Contract

Mission Support leader to provide enhanced operations and maintenance to Air Force Satellite Control Network

AURORA, Colo., March 28, 2007 /PRNewswire-FirstCall/ -- Raytheon Company (NYSE: RTN) will lead an industry team in pursuit of Network and Space Operations & Maintenance, or NSOM, a program to provide operations and maintenance services to the Air Force Satellite Control Network.

The NSOM program, which will be administered by the Air Force Space Command's 50th Space Wing, Schriever Air Force Base, Colo., will be executed over the next seven years.

"Raytheon is a proven leader of Mission Support solutions for our customers as well as proven ground systems experts that provide customers success for their mission needs," said Steven Hawkins, vice president of National Systems for Raytheon Intelligence and Information Systems (IIS) business.

The NSOM program will provide operations, maintenance and logistics support to a number of Department of Defense space systems that include but are not limited to the defense satellite communications system earth terminals; MILSTAR earth terminals; data link terminals; Air Force satellite control network remote tracking stations; global positioning system ground antennas, monitor stations and the master control station.

Raytheon has extensive knowledge of the customer and a long-standing presence and relationship with its customers and strategic partners in Colorado.

Based in Garland, Texas, Raytheon IIS is a leading provider of information and intelligence solutions to the government. Raytheon IIS has annual revenues of approximately $2.6 billion and employs more than 8,000 engineering and technical professionals worldwide. Raytheon IIS recently achieved a strategic milestone in earning CMMI(R) (Capability Maturity Model Integration) Maturity Level 3 accreditation for the full model scope (System Engineering, Software Engineering, Integrated Product and Process Development, and Supplier Sourcing) across its enterprise.

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 80 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.

Keith Little

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