CANBERRA - 23 February 2007: Raytheon Australia’s Managing Director, Ron Fisher today welcomed the Australian Government’s decision to award Raytheon Australia a nine year contract for the In-Service Support (ISS) of the Raytheon APG-73 radar as fitted to the Royal Australian Air Force (RAAF) fleet of F/A-18 Hornet aircraft.

Mr Fisher said the performance based contract will also see Raytheon Australia establish a comprehensive maintenance capability, including provision of deeper maintenance, spares, logistics, engineering, configuration management and obsolescence management at RAAF Base Williamtown.

“Through its extensive experience as a supplier of Mission Support to the Australian Defence Force, Raytheon Australia believes this solution will provide the best means to ensure the RAAF maintains its F/A-18 Hornet fighter aircraft at peak operational efficiency,” Mr Fisher said.

“Raytheon Australia is 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 ‘reachback’ to the global resources of Raytheon Company.”

Mr Fisher added that as part of the contract, Raytheon Australia will provide a radar ‘Spread Bench’, a highly specialised testing capability designed and developed specifically for the APG-73 which will supplement an existing radar test capability.

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Raytheon Australia is a wholly owned subsidiary of Raytheon Company (NYSE: RTN). Raytheon with 2006 sales of $20.3 billion, is an industry leader in defense 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.