Nowra – 13 May 2010: Raytheon Australia today announced that the company had achieved an important milestone under the Royal Australian Navy’s Retention and Motivation Initiative.

At a special  event in Nowra Raytheon Australia’s Managing Director, Michael Ward, announced that the program has achieved 1500 flying hours for the last contract year.

The company’s contract for the Retention and Motivation Initiative involves an innovative training solution using A109 helicopters which ensures that recently trained junior Navy aircrew skills and motivation continue to be maintained whilst they await conversion to the RAN’s frontline helicopters.

Mr Ward presented his Managing Director’s Awards to members of the company’s RMI team in recognition of their contribution to the achievement of the 1500 flying hour milestone.

Team members were acknowledged for their long hours and considerable efforts to execute the program as well as their time spent away from families including deployments. These efforts were said to demonstrate their commitment to the program, their Naval customer, and the company.

In the three years Raytheon Australia has been involved in the RMI program the company has also demonstrated its ability to deliver efficiencies for the Royal Australian Navy.

“From its inception this program has characterised everything we are about as a company – starting with an ability to understand and anticipate the needs of our customers, through to a capacity to work with them to devise innovative solutions that deliver operational advantage today and prepare the force for the missions of tomorrow,” Mr Ward said.

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Raytheon Company (NYSE: RTN), 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.

Contact
Gerry Wheeler
+61 439 501 327
gerard.wheeler@raytheon.com.au