Raytheon Company increases dividend by 10 percent, its ninth consecutive annual increase

   Raytheon Company increases dividend by 10 percent, its ninth consecutive
                               annual increase

PR Newswire

WALTHAM, Mass., March 20, 2013

WALTHAM, Mass., March 20, 2013 /PRNewswire/ --Raytheon Company's (NYSE: RTN)
Board of Directors has voted to increase the company's annual dividend payout
rate by 10 percent, from $2.00 to $2.20 per share. The Board also authorized
payment of a quarterly cash dividend of $0.55 per outstanding share of common
stock, to be paid on May 2, 2013, to shareholders of record as of the close of
business on April 3, 2013. Payment of quarterly dividends is subject to Board
authorization.

"We are pleased to announce Raytheon's ninth consecutive annual dividend
increase," said William H. Swanson, Raytheon's Chairman and CEO. "This
increase represents continued confidence in the company's financial position
and outlook as well as our dedication to a balanced capital deployment
strategy."

About Raytheon

Raytheon Company, with 2012 sales of $24 billion and 68,000 employees
worldwide, is a technology and innovation leader specializing in defense,
homeland security and other government markets throughout the world. With a
history of innovation spanning 91 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. Raytheon is
headquartered in Waltham, Mass. For more about Raytheon, visit us
atwww.raytheon.comand follow us on Twitter@raytheon.

Investor Relations Contact
Todd Ernst
+1.781.522.5141

Media Contact
Jon Kasle
+1.781.522.5110



SOURCE Raytheon Company

Website: http://www.raytheon.com