U.S. Army Awards Raytheon $51.5 Million Contract for Improvised Explosive Device Defeat System

INDIANAPOLIS, Jan. 26, 2011 /PRNewswire/ — The U.S. Army has awarded Raytheon
Company (NYSE: RTN) a $51.5 million firm-fixed-price contract to produce a
system to defeat improvised explosive devices. Work will be performed at the
Raytheon Technical Services Company LLC site in Indianapolis. Further details
will not be made public.

Raytheon Company, with 2009 sales of $25 billion, is a technology and innovation
leader specializing in defense, homeland security and other government markets
throughout the world. With a history of innovation spanning 88 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 75,000
people worldwide.

www.raytheon.com

Contact:
Gerald L. Petrie
317.306.7066 (office)
972.834.4472 (mobile)

SOURCE Raytheon Company