Raytheon Awarded Radar Contract for P-8I Maritime Surveillance Aircraft

FARNBOROUGH, England, July 18, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has received a contract from Boeing to develop an international version of the APY-10 surveillance radar.

The long-range, multimission, maritime and overland surveillance radars will be installed on the P-8I aircraft Boeing is building for the Indian Navy. This is the first international contract award for Raytheon's APY-10 program, extending the company's considerable presence in the international maritime surveillance market.

"Our APY-10 radar will provide the Indian navy with proven, low-risk technology built on generations of successful Raytheon radar systems," said Tim Carey, vice president for Intelligence, Surveillance and Reconnaissance Systems. "We're committed to providing reliable systems that keep our customers safe and help them achieve mission success."

The APY-10 radar delivers accurate and actionable information in all weather, day and night, for anti-submarine and anti-surface warfare and for intelligence, surveillance and reconnaissance mission support.

A member of the industry team that Boeing leads for the U.S. Navy's P-8A program, Raytheon is also under contract with Boeing to provide six APY-10 systems and spares for the P-8A, of which the P-8I is a variant. Four of the six have been delivered, and Raytheon remains on or ahead of the production schedule.

Raytheon Company, 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.

www.raytheon.com

SOURCE Raytheon Company

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