X0202 4 2008-02-25 0001047122 RAYTHEON CO/ RTN 0001262928 SMITH DANIEL L 870 WINTER STREET WALTHAM MA 02451 0 1 0 0 Vice President Common Stock 2008-02-25 4 A 0 21226 0 A 97205 D Common Stock 2008-02-25 4 F 0 7376 66.22 D 89829 D Common Stock 4729 I 401(k) Shares of the Issuer's Common Stock issued to the Reporting Person pursuant to the settlement of such person's award under the Issuer's 2005-2007 Long-Term Performance Plan. The Reporting Person indirectly beneficially owns 4,729 shares of the Issuer's Common Stock based on funds in the Reporting Person's Savings and Investment Plan/Excess Savings Plan Account divided by $66.22, the closing price of the Issuer's Common Stock on February 25, 2008. Jay B. Stephens, Attorney-in-fact 2008-02-27