Raytheon Awarded Planning Contract for European Mid-course Radar Program

Released on Tuesday, April 22, 2008

TEWKSBURY, Mass., April 22, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $5 million U. S. Missile Defense Agency contract to begin initial planning and requirements definition for the European Mid-course Radar program proposed for the Czech Republic.

Subject to successful completion of negotiations with the Czech Republic and ratification, this program includes the assembly and installation of an existing X-band radar located in the Republic of the Marshall Islands. The radar will be moved to a newly prepared site southwest of Prague. The relocation is part of the United States' initiative to extend missile defense capability to include the protection of Europe and deployed U.S. and allied forces from potential long-range ballistic missile threats.

"Raytheon is pleased to offer this capability," said Pete Franklin, vice president, National & Theater Security Programs for Raytheon Integrated Air Defense Systems. "This radar's extraordinary discrimination capability and interoperability will provide the United States and its NATO partners significant confidence and flexibility in response to these threats."

Additionally, Raytheon intends to maximize Czech industry participation in the development and construction of the site and facilities. The total potential value of this contract is $400 million through 2013.

Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.