SYDNEY, AUSTRALIA - 29 January 2008: Raytheon Australia was recognised by the American Chamber of Commerce today for its major sponsorship of an Australian Defence Trade Mission to the United States.

The short ceremony at the Chief of Navy’s Sea Power Conference 2008 highlighted Raytheon Australia’s sponsorship which will enable a delegation of Australian small-to-medium enterprises (SMEs)to connect with senior US Department of Defense personnel and top decision-makers from the US Navy, Marine Corps, Coast Guard and Merchant Marine, as well as attend ‘Sea-Air-Space Exposition 2008’.

The support is another milestone in Raytheon Australia’s development and support of Australian SMEs to help grow the Australian Defence industry with opportunities domestically and overseas.

The Chamber’s West Australian President Penelope Williamson made the presentation, commenting, “We are thrilled to have a company like Raytheon Australia become a major sponsor for this trade mission. It’s an excellent opportunity for Australian businesses.”

Ron Fisher, Managing Director of Raytheon Australia welcomed the opportunity to support the American Chamber of Commerceand Australian Defence SMEs.

“Our sponsorship reflects our strong commitment to support and include Australian SMEs on major Defence programs. A strong SME base is vital to the delivery of Defence programs and the broader Australian economy,” he said.

The trade mission will be in Washington DC from 18-20 March 2008.

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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 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 $19.7 billion, is a technology leader specializing in defense, 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 72,000 people worldwide.