Raytheon Awarded Contract for Exploratory Research in Nuclear Detection Technology

TEWKSBURY, Mass. , Nov. 19, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded a Department of Homeland Security contract to develop a Stand-Off Warning Against Radiological Materials (SWARM) technology.

The first phase of this effort is an eight-month contract for $764,000 managed by DHS' Domestic Nuclear Detection Office under the Exploratory Research in Nuclear Detection Technology Program. It is the first of a five-phase development program worth $2.9 million if all options are exercised.

"The transportation of nuclear material into and within our borders is a serious threat to our nation's security," said Michael Del Checcolo , vice president of Engineering at Raytheon Integrated Defense Systems (IDS). "SWARM will develop a radiation detection and localization approach that uses multiple, mobile and highly distributed sensors. This approach will enable first responders to accurately evaluate a situation and take swift action in the event of a threat to our national security."

In developing a reliable and affordable SWARM solution for DHS, Raytheon is utilizing its OpenAIR(TM) business model, leveraging the best talents and capabilities of academia, large and small business to provide the best value solution for the customer. IDS is teaming with experts from Los Alamos National Laboratory, Los Alamos, N.M. ; ORTEC, Oak Ridge, Tenn. ; MIT, Cambridge, Mass. ; and Boston University, Boston, Mass.

Integrated Defense Systems is Raytheon's leader in Joint Battlespace Integration providing affordable, integrated solutions to a broad international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security.

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 86 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.

Contact: Michele Lemos 978.858.5870

SOURCE Raytheon Company