Monday, April 28, 2008

Raytheon Purchases SI Government Solutions

Raytheon Purchases SI Government Solutions

Expands capability in information assurance and information operations markets

GARLAND, Texas, April 18, 2008 /PRNewswire/ -- Raytheon Company (NYSE:RTN) has acquired SI Government Solutions, a leading provider of
proprietary software security solutions to the U.S. intelligence community. Terms of the transaction were not disclosed.

SI Government Solutions, based in Melbourne, Fla., was founded in 2005 to deliver targeted vulnerability assessment capabilities that protect complex and critical information technology assets of government customers.

"We are excited to add SI Government Solutions to our information
security portfolio, further strengthening our growth in this area and
enabling Raytheon to create a world-class, end-to-end information assurance and information operations capability," said Michael D. Keebaugh, president, Raytheon Intelligence and Information Systems (IIS).

Keebaugh noted that Raytheon has focused its efforts in the emerging
cyber security market under the IIS business where expertise clearly
addresses an environment of ever-changing threats. He added: "Protecting
critical infrastructures is rapidly becoming one of the most complex and
critical challenges our customers face today. The purchase of SI Government Solutions, combined with our earlier acquisition of Oakley Networks and existing assets, gives Raytheon even stronger capabilities to address our customers' growing challenges."

Terry Gillette, SI Government Solutions president and CEO, said,
"Combining Raytheon's 25-year history of information assurance expertise
and capability with our unique vulnerability assessment solutions will
provide customers with superb domain knowledge and expertise in information assurance."

Based in Garland, Texas, Raytheon IIS is a leading provider of
information and intelligence solutions to the government. Raytheon IIS has annual revenues of approximately $2.7 billion and employs more than 9,000 engineering and technical professionals worldwide.

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