Raytheon Program Receives Top Network Centric Warfare Award


MARLBOROUGH, Mass., Jan. 31, 2007 -- Raytheon Company's (NYSE:RTN) Persistent Surveillance and Dissemination System of Systems, or PSDS2, has received top honors in the network centric warfare awards sponsored by the Institute for Defense & Government Advancement. The awards honor, recognize and promote initiatives in the Department of Defense, coalition governments and defense industry that exemplify the principles of network centric warfare and support information age transformation.

PSDS2 is a networked system integrating intelligence, surveillance and reconnaissance systems, providing real time video and fused information for display and dissemination of actionable intelligence to commanders in the field.

"This is a tremendous honor for our customer and industry team," said Jack Harrington, vice president of Command and Control Systems for Raytheon's Network Centric Systems. "Together we've provided the warfighter a force multiplier that's proven itself invaluable in the war on terror."

The Institute's network centric warfare awards were announced Jan. 23, 2007, during the annual forum held in Washington, D.C. The award was submitted by the Program Executive Office for Intelligence, Electronic Warfare Sensors/ Product Manager Robotic and Unmanned Sensors. PSDS2 won the first place award in the category: Best U.S. Government Program.

"PSDS2 has given our warfighters the advantage they need to rapidly correlate, detect and engage enemy combatants in minutes rather than hours," said Lt. Col. Reed F. Young, Army product manager. "We're excited to receive this recognition, but even more importantly, we are proud that our efforts are truly making a difference."

Raytheon Company, with 2005 sales of $21.9 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 80,000 people worldwide.

Contact:

Steve Brecken

508.490.2627

Source: Raytheon Company

Web site: www.raytheon.com/

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