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Raytheon Australia awards SME achievement

ADELAIDE, AUSTRALIA – 24 October 2007: Today Raytheon Australia recognised the achievements and expertise of Australian small-to-medium enterprise (SME) SEAL Solutions in a short ceremony at the Chief of Army’s Land Warfare Conference 2007.

Ron Fisher, Managing Director of Raytheon Australia presented a Capability Partner Award for excellence in Mechanical Design Engineering in the Land Environment to Simon Prendergast, Managing Director of Melbourne’s SEAL Solutions. This award was another milestone in Raytheon Australia’s development and support of Australian SMEs to help grow the Australian Defence industry with opportunities domestically and overseas.

Mr Fisher spoke highly of the SME, “SEAL Solutions’ commitment to customer success and solution agility is without fault. They have made a significant contribution to the quality of Raytheon Australia's Land 75/125 response.”

Recognition of SEAL Solutions provides increased opportunities for the SME to access Raytheon Australia’s Reachback™ capacity to the resources of Raytheon Company worldwide. Company exposure, specialised training and global supply chain opportunities for SMEs are part of Raytheon Australia’s strong commitment to support and include Australian SMEs on their major programs. A strong SME base is vital to the delivery of Defence programs and the broader Australian economy.

SEAL Solutions specialise in the design and manufacture of niche products and the provision of specialised project management, engineering and logistics services for Defence and Defence Industry. The company has significant capability and capacity backed by strong past performance in a number of areas including Mechanical Engineering Design and Integration across a range of vehicle fleets.

More information on SEAL Solutions can be found at www.sealsolutions.com.au

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With facilities located across the country, Raytheon Australia is a highly capable prime contractor with an engineering and technical workforce of over 1300 backed by world-class management and quality systems. This local presence is bolstered by strong relationships with small and medium sized enterprises and access to the global resources of Raytheon Company.

Raytheon Australia is a wholly owned subsidiary of Raytheon Company (NYSE: RTN). Raytheon Company, with 2006 sales of US$20.3 billion, is a technology leader specialising in defence, homeland security and other government markets throughout the world. With a history of innovation spanning 85 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.