BRISBANE, QUEENSLAND, Australia (15 February 2007) - Raytheon Australia is pleased to announce the establishment of its new Aerospace Centre of Excellence in Brisbane, Queensland. Geoff Gillespie, General Manager Aerospace Systems said, "Raytheon Australia's Aerospace Centre of Excellence improves our customer access to the diverse capability of the company in this domain.”

Raytheon Australia’s Aerospace Centre of Excellence provides our customer easier access to our people, processes and program delivery across all our aerospace programs. “The Centre will operate from expanded Raytheon offices in Murarrie until the new purpose-built facility opens in 2008,” Mr Gillespie said.

Raytheon Australia’s program delivery in aerospace has grown steadily since 1999 and includes systems integration and mission support.

The Company's aerospace team delivers a wide breadth of programs, including: electronic warfare training for the Royal Australian Navy, systems integration and in-service support for F/A-18 Hornet Aircrew Training System (HACTS) simulators at Williamtown, and avionics maintenance for the F111s at Amberley.

“Raytheon Australia gratefully acknowledges the Queensland Government's continued and proactive efforts to foster the growth of leading edge aerospace business within the State," Mr Gillespie said.

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With facilities located across the country Raytheon Australia is an industry leader in defence systems and a highly capable prime contractor with an engineering and technical workforce of over 1100 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. From this base Raytheon Australia delivers tailored local mission systems integration and mission support solutions to its customers.

A wholly owned subsidiary of Raytheon Company (NSYE: RTN), Raytheon Australia was established in 1999 to provide strong regional capability within an established framework of a successful global company. Raytheon Company with 2006 sales of US$20.3 billion is an industry leader in defence and government electronics, space, information technology, technical services, and business and special mission aircraft. With headquarters in Waltham, Mass., Raytheon employs more than 80,000 people worldwide.