CLEVELAND (Jan. 23, 2006) - Flight Options, LLC, a leading provider of fractional shares in business aircraft and a Raytheon Company (NYSE: RTN), announced today that the company has named Ray Bennett as vice president, sales. He will report to Jim Dauterman, who is the head of sales, marketing and contracts.

“Ray has been and continues to be a consistent performer as a member of our sales force maintaining a strong presence in the Southeast section of the country,” said Dauterman. “His proven performance record and ability to cultivate strong relationships with both current and prospective owners, as well as his fellow team members, made him the ideal individual to lead the sales team in accomplishing their goals in 2006 and beyond.”

Bennett has served as the regional sales director for the Southeast territory since June 2003. Prior to joining Flight Options, he held sales leadership roles with both NetJets and Raytheon Travel Air. A licensed pilot, Bennett has more than 1,500 hours of flight time. He is a graduate of Nebraska Wesleyan University with a degree in business administration and communication. He and his family will be relocating to Cleveland.

Based in Cleveland, Ohio, Flight Options, LLC offers the complete spectrum of programs from fractional ownership to leasing to JetPASS membership and has received the prestigious ARG/US Platinum Safety Rating twice. The Flight Options fleet of approximately 200 aircraft includes the worlds largest fleets of Beechjet 400As and Legacy Executive aircraft. Flight Options fleet consists of the Beechjet 400A/Hawker 400XP, Hawker 800XP, Citation X and Legacy. More information is available at www.flightoptions.com or by calling 877.703.2348.

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