ORLANDO, Fla.,Feb. 12, 2013

Javelin Demonstrates Extended Range Capability in Recent Tests

The Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) Javelin Joint Venture recently demonstrated the ability of the Javelin missile to engage targets beyond its current maximum range requirements during a series of tests at Eglin Air Force Base, Fla.

During the U.S. Army tests, the Javelin system acquired and engaged targets up to 4,750 meters.

"These tests prove that, under favorable conditions, Javelin can have reliable, solid performance as a close-combat weapon system well beyond the current maximum range requirement of 2,500 meters," said Duane Gooden, Javelin Joint Venture president and Raytheon Javelin program director. "There were two direct hits on the threat representative target at the extended range."

Demonstrating Javelin's extended range performance will further enhance survivability of the dismounted Javelin gunner in combat.

"Most vehicle requirements are for a missile that can engage a target at 4,000-plus meters," said Barry James, Javelin Joint Venture vice president and Javelin program director in Lockheed Martin's Missiles and Fire Control business. "The results of these tests indicate the fire-and-forget Javelin missile can potentially be used in both vehicle and dismounted roles."

About Javelin
Javelin is the world's most versatile and lethal one-man-portable, anti-tank, guided munition and surveillance weapon system. It is made by the Javelin Joint Venture, a partnership between Raytheon Company and Lockheed Martin. Javelin has been adopted by international armed forces around the world. It is currently fielded with the U.S. Army and U.S. Marine Corps and has also been approved for foreign military sales to 12 nations.

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 at www.raytheon.com and follow us on Twitter @raytheon.

About Lockheed Martin Corporation
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs about 120,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2012 were $47.2 billion. For additional information, visit our website: http://www.lockheedmartin.com.

SOURCE Javelin Joint Venture

CONTACT: Melissa Hilliard, +1-407-356-5351, melissa.hilliard@lmco.com; Jaclyn Gutmann, +1-781-879-2789, rmspr@raytheon.com

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