Corporate Overview May 2004 Raytheon Who We Are

Corporate Overview May 2004

Raytheon … Who We Are • A Customer Focused Company that places the highest value on People, Integrity, Commitment and Excellence • 2003 Sales: $18. 1 billion • 78, 000 employees worldwide • Headquarters: Waltham, Massachusetts Working as One Company Focused on the Customer 9/10/2020 Page 2

Raytheon … Who We Serve • U. S. Government – – – – Defense Commerce Energy State Transportation Education Homeland Security NASA • Governments around the World • NATO • National Science Foundation Superior Customer Solutions 9/10/2020 Page 3

Customer Focus Drives Growth • Performance – Meet our commitments to our Customers, partners and each other, driving Customer Success. • Relationships – Build positive, solid relationships with our Customers, partners and each other. Listen, anticipate, respond, follow-through. • Solutions – Develop and provide superior Customer solutions, working as One Company. Customer Success Is Our Mission 9/10/2020 Page 4

Raytheon’s Vision Be the most admired defense and aerospace systems supplier through world-class people and technology. 9/10/2020 Page 5

Raytheon … What We Value People – Treat people with respect and dignity. – Welcome Diversity and diverse opinions. – Help our fellow employees improve their skills. – Recognize and reward accomplishment. – Foster teamwork and collaboration. Integrity – Be honest, forthright and trustworthy. – Use straight talk, no hidden agendas. – Respect ethics, law and regulation. Commitment – Honor commitments to Customers, shareholders, the community and each other. – Accept personal responsibility to meet commitments; be accountable. Excellence – Improve performance continually. – Stress quality, productivity, growth, best practices and measurement. – Strive to be the best. Culture of Performance 9/10/2020 Page 6

Pride in our People • We are proud of our employees who are helping us build a diverse and inclusive workplace • Our people deliver greater value and predictability to our Customers through the Integrated Product Development System (IPDS), Earned Value Management System (EVMS) and Capability Maturity Model Integration® (CMMI) • Raytheon has trained more than 1, 200 employees as Raytheon Six Sigma. TM Experts and some 14, 000 employees as Specialists – Our employees think about ways to work better; identify value through the eyes of the customer; develop a common language of improvement; work in teams; use common sense to correct simple sources of waste; and draw on trained expertise to address more complex opportunities for improvement Committed to Our Team 9/10/2020 Page 7

Raytheon’s Strategy for 2004 • Achieve above-market growth in our four Strategic Business Areas: – Missile Defense – Precision Engagement – Intelligence, Surveillance and Reconnaissance – Homeland Security • Restore Raytheon Aircraft to preeminence in aviation, showcasing the Beechcraft® and Hawker® brands. • Be a Customer-Focused Company based on Performance, Relationships and Solutions: – Performance Meet our commitments to our Customers, partners and each other, driving Customer Success. – Relationships Build positive, solid relationships with our Customers, partners and each other. Listen, anticipate, respond, follow-through. – Solutions Develop and provide superior Customer solutions, working as One Company. A Customer Focused Growth Strategy 9/10/2020 Page 8

Raytheon Business Headquarters Space and Airborne Systems Raytheon Aircraft Integrated Defense Systems Wichita, KS El Segundo, CA Tewksbury, MA Global Headquarters Waltham, MA Missile Systems Network Centric Systems Raytheon Technical Services Company LLC Intelligence and Information Systems Tucson, AZ Mc. Kinney, TX Garland, TX Reston, VA 78, 000 employees; 2003 Revenue: $18. 1 B 9/10/2020 Page 9

Raytheon Company Raytheon Chairman and CEO W. H. Swanson Raytheon Aircraft Company J. Schuster Missile Systems L. Francesconi Space and Airborne Systems J. Kelble Corp BD and Int’l Ops T. Culligan Information Technology R. Rhoads Raytheon Evaluation Team E. Franklin Integrated Defense Systems D. Smith Network Centric Systems C. Schottlaender Finance E. Pliner Contracts J. Harris Intelligence and Information Systems M. Keebaugh Raytheon Technical Services Company LLC B. Even Human Resources K. Peden Corp Affairs and Comms P. Piano Legal J. Stephens R 6 s CLO and SCM D. Ronchi Engineering, Technology, Manufacturing & Quality G. Shelton 9/10/2020 Page 10

Missile Systems Louise Francesconi President 2003 Revenue: $3. 5 B Employees: 11, 000 HQ: Tucson, AZ Air-to-Air Surface Navy Air Defense Strike Projectiles Land Combat Advanced Programs Kinetic Kill Vehicles Directed Energy Weapons Developer and Supplier of Innovative Missile Systems 9/10/2020 Page 11

Integrated Defense Systems Ballistic Missile Defense Dan Smith President 2003 Revenue: $2. 9 B Employees: 12, 000 HQ: Tewksbury, MA International Naval Integrated Air Defense Industry-Leading Mission Systems Integrator 9/10/2020 Page 12

Intelligence and Information Systems Mike Keebaugh President 2003 Revenue: $2 B Employees: 8, 000 HQ: Garland, TX Distributed Common Ground System (DCGS) Unmanned Airial Vehicle Systems (UAV) Federal IT Space Systems Homeland Security Global Hawk Ground Station Mission Control Information Solutions Intelligence and Information Technology Solutions 9/10/2020 Page 13

Space and Airborne Systems Jack Kelble President 2003 Revenue: $3. 7 B Employees: 10, 000 HQ: El Segundo, CA Tactical Aircraft Systems and Navigation Integrated Airborne Systems Strategic Systems Precision Attack and Surveillance Systems Air Combat Avionics Unmanned and Reconnaissance Sensors Electronic Warfare World Leader in Airborne and Space-qualified Systems 9/10/2020 Page 14

Network Centric Systems Colin Schottlaender President 2003 Revenue: $2. 8 B Employees: 11, 000 HQ: Mc. Kinney, TX Network Sensors Command & Control Civil Applications Communications Providing Networked Decision Solutions Through World-Class Technology and People 9/10/2020 Page 15

Raytheon Technical Services Company LLC Science, Research and Technology Bryan Even President 2003 Revenue: $2 B Employees: 15, 000 HQ: Reston, VA Logistics Customized Engineering Services Training Providing Critical Services and Innovative Solutions 9/10/2020 Page 16

Raytheon Aircraft Company Jim Schuster Chairman and CEO 2003 Revenue: $2. 1 B Employees: 10, 000 HQ: Wichita, KS Hawker 400 XP Hawker 800 XP Hawker Beechcraft Premier I Beechcraft Baron Beechcraft Bonanza Hawker Horizon Beech King Air Family T-6 A Texan II Revitalizing an Aviation Legend 9/10/2020 Page 17

A Global Presence Raytheon International, Inc. business development offices Raytheon International, Inc. business development headquarters Raytheon Systems Limited Raytheon Australia Pty. Ltd. Raytheon Canada Ltd. Thales Raytheon Systems 76 Locations Around the World 9/10/2020 Page 18