Raytheon Awarded $112.6 Million U.S. Navy Radar Operation and Maintenance Contract.

LEXINGTON, Mass.--(BUSINESS WIRE)--Aug. 10, 1999--

Raytheon Company (NYSE:RTNA)(NYSE:RTNB) has been awarded a $112.6 million U.S. Navy contract to provide operation and maintenance services for the Relocatable-Over-The-Horizon-Radar (ROTHR) systems located in Virginia, Texas and Puerto Rico. Under this five-year award, which includes a base year and four one-year options, Raytheon will also provide engineering and training services in support of these sites.

ROTHR is a high frequency radar system designed and built by Raytheon to provide early warning of strikes against aircraft carrier task forces. Especially suited for long range surveillance of large open water areas, the ROTHR systems have been successfully redeployed for long range detection and monitoring of air traffic in the U.S. government's war against drugs.

"Raytheon is the incumbent contractor on this program," said Phil LePore, a vice president of Raytheon Company and Raytheon Systems Company executive vice president and general manager of the Training and Services segment. "The Navy's award of this contract indicates the service's faith in our ability to maintain a high level of performance. We are proud to support the U.S. government's drug interdiction activities."

Raytheon Company, based in Lexington, Mass., is a global technology leader that provides products and services in the areas of commercial and defense electronics, engineering and construction, and business and special mission aircraft. Raytheon has operations throughout the United States and serves customers in more than 80 countries around the world.