Analyst Coverage

Firm Analyst
Access Three Forty Two George Shapiro
Argus Research Company Paul Kleinschmidt
Bank of America-Merrill Lynch Ronald Epstein
Barclays Joe Campbell
Bernstein & Co. Inc. Doug Harned
Broadpoint AmTech Peter Arment
Buckingham Research Group Richard Safran
Citigroup Itay Michaeli
Credit Suisse First Boston LLC Robert Spingarn
Friedman, Billings, Ramsey & Co. Patrick McCarthy
Goldman Sachs Noah Poponak
J.P. Morgan Joseph Nadol
Jefferies & Company, Inc. Howard Rubel
Macquarie Group Rob Stallard
Morgan Joseph Michael French
Morgan Keegan Brian Ruttenbur
Morgan Stanley Heidi Wood
Oppenheimer & Co. Myles Walton
SG Cowen Securities Inc. Cai von Rumohr
Stifel, Nicolaus & Co., Inc. Troy Lahr
UBS David Strauss
Wachovia Securities Sam Pearlstein
Raytheon is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Raytheon's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Raytheon or its management. Raytheon does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. In addition, the above list is provided for informational purposes only. Raytheon makes no claims concerning the completeness or accuracy of this information and will not be held liable for any use of this information.