Raytheon Awarded $88 Million Passenger Screening Equipment Services Contract

RESTON, Va., April 12, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) was awarded an $88 million task order to install passenger checkpoint screening equipment at airports nationwide.

The task order was issued under the Transportation Security Administration's Security Equipment Integration Services contract. Raytheon will be responsible for installing equipment that includes a wide range of technologies. The contract began March 24 and ends March 23, 2011.

"The Raytheon team looks forward to continuing our partnership with TSA to help protect our nation," said William Toti, Raytheon Technical Services Company LLC vice president of Integrated Support Solutions.

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.

SOURCE Raytheon Company