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Raytheon Awarded $38 Million U.S. Navy Contract forHelicopter Infrared Ranging and Detection...

LEXINGTON, Mass.--(BUSINESS WIRE)--May 18, 1999--

Raytheon Company (NYSE:RTNA)(NYSE:RTNB) has been awarded a $38 million U.S. Navy follow-on production contract for helicopter infrared laser detecting-ranging-tracking sets.

The indefinite delivery/indefinite quantity contract

was awarded by the Naval Surface Warfare Center, Crane Division, Crane, Ind. and calls for Raytheon to deliver 35 systems, designated the AN/AAS-44(V). They will be installed on the Navy's Light Airborne Multi-purpose System (LAMPS) MK III SH-60B armed helicopters as part of an upgrade program. Deliveries under this Lot 4 production award are scheduled to begin in April 2000.

The AN/AAS-44 (V) is a high-performance, multi-purpose thermal imaging and laser system, which provides long range surveillance, target acquisition, tracking, range- finding, and laser designation for HELLFIRE and all tri-service/NATO laser-guided munitions. The system has also been deployed on Navy HH-60H helicopters and can support a variety of rotary-wing and fixed-wing platforms and missions.

Raytheon Company, based in Lexington, Mass., is a global technology leader that provides products and services in the areas of commercial and defense electronics, engineering and construction, and business and special mission aircraft. Raytheon has operations throughout the United States and serves customers in more than 80 countries around the world.

Note to editors: The work will be performed by Raytheon?s Sensors and Electronic Systems business segment operations in McKinney, Texas.

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