Raytheon Recognized in Navy Award for Submarine Combat Systems

(Tewksbury, Mass., September 4, 2008) -- Raytheon Company (NYSE: RTN) was recognized in the presentation of the U.S. Navy's 2008 Team Submarine Excellence Award to the Navy's Submarine Acoustic Systems Program Office (PMS 401) and Submarine Combat System Program Office (PMS 425). As a member of the team, Raytheon was cited for the development and successful delivery of the ARCI and AN/BYG-1 TI-06 submarine sonar and combat control systems.

The award, which is presented by the Navy's Program Executive Office for Submarines (PEO SUB) each year, recognizes teams for outstanding technical knowledge, hard work, and exceptional commitment to excellence for a submarine-related program.

At a ceremony held at Raytheon's Seapower Capability Center, U.S. Navy Captain Brian Vance commended the Raytheon team for its contributions to the success of the BYG-1 program.

"Your ability to work efficiently and effectively as a team has been exemplary," said Capt. Brian Vance, program manager, submarine combat systems, reading a formal citation from Rear Adm. William H. Hilarides. "Your unprecedented accomplishments allowed your team to demonstrate exceptional initiative, flexibility, and technical expertise to deliver a capable, stable and reliable product."

Source : Raytheon - click here for more information