MELBOURNE - 20 March 2007: Raytheon Australia today unveiled a new variant of the proven CT-4 aircraft, the CT-4F. The CT-4F is a direct result of analysis of current and future training systems and fills a critical gap that exists between the training environment and operational requirements. This aircraft is an essential component of any modern, integrated aircrew training system and provides an effective basic training platform for Australia’s next generation of military aviators.

The 300 horsepower CT-4F features a 21st century human machine interface that provides pilots an edge in mastering the management of complex combat mission systems. The aircraft is equipped with multi-function displays and a fully integrated mission system to train both flying and mission systems competencies. The aircraft’s cockpit is also compatible with night vision devices and can be equipped with helmet-mounted head-up displays. The aircraft has recently completed a comprehensive series of flight tests, demonstrating the safety of the new avionics system during all phases of flight.

The new CT-4F shares a common mission system with the successful Beechcraft T-6 aircraft selected by the US military, the Hellenic Air Force and NATO Flying Training Canada. In addition, this locally developed aircraft requires less maintenance hours per flight hour and has a low cost of operation, which provides a highly flexible and cost-efficient training solution.

“We have drawn on lessons of the past and the best of today’s technology to provide an essential component of future training solutions that prepare Australia’s military aviators for the contemporary challenges of the mission systems environment. The CT-4F represents an entirely new approach to basic flight training for military aviators. The integration of a combat mission system enables students to develop their battle management skills from day one and ‘train like they fight,’” said Ron Fisher, Managing Director, Raytheon Australia.

Raytheon’s Aerospace Training Systems (ATS) draws on considerable international experience. The company has provided military training systems and training expertise to the U.S. Navy and Air Force, NATO, and as a team member, has recently been recognised as preferred partner for the U.K. training rationalisation program. Raytheon’s ATS focus is on blended training systems that are integrated, effective, relevant, timely and economic.

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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.