Raytheon Awarded $10 M Rapid Aerostat Initial Deployment Contract Option

(Tewksbury, Mass., May 17, 2007) -- Raytheon Company (NYSE: RTN) has been awarded a $10.1 million U.S. Army contract option to provide 16 Rapid Aerostat Initial Deployment (RAID) Tower Systems with Base Defense Operation Centers to help protect U.S. and coalition forces in Afghanistan and Iraq.

"The equipment Raytheon is providing to support U.S. military operations is helping to save the lives of our warfighters," said Pete Franklin, vice president, National & Theater Security Programs for Raytheon Integrated Defense Systems. "The joint Raytheon and U.S. government team takes great pride in rapidly delivering this critical capability to our soldiers."

Source : Raytheon

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