Raytheon 2005 Annual Report Download - page 114

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ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
ACCOUNTING AND FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES.
Evaluation of Disclosure Controls and Procedures—The Company’s management conducted an evaluation,
under the supervision and with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, of
the effectiveness of the design and operation of the Company’s disclosure controls and procedures as of December 31,
2005. Based on this evaluation, the Chief Executive Officer and Chief Financial Officer concluded that the Company’s
disclosure controls and procedures are effective in providing reasonable assurance that information required to be
disclosed in the reports the Company files and submits under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported as and when required.
In designing and evaluating the Company’s disclosure controls and procedures, the Company’s management recognizes
that any controls, no matter how well designed and operated, can provide only reasonable assurance of achieving the
desired control objectives.
Management’s Report on Internal Control Over Financial Reporting—Management’s Report on Internal
Control Over Financial Reporting is set forth in Part II, Item 8 of this Annual Report on Form 10-K.
Attestation Report of the Independent Registered Public Accounting Firm—Management’s assessment of
the effectiveness of Raytheon’s internal control over financial reporting as of December 31, 2005 has been audited by
PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report which is set
forth in Part II, Item 8 of this Annual Report on Form 10-K.
Changes in Internal Controls—There were no changes in the Company’s internal control over financial reporting
that occurred during the fourth fiscal quarter that have materially affected, or are reasonably likely to materially affect the
Company’s internal control over financial reporting.
ITEM 9B. OTHER INFORMATION.
None.
PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
Information regarding the directors of the Company is contained in the Company’s definitive proxy statement for the
2006 Annual Meeting of Stockholders under the caption “Election of Directors” and is incorporated herein by reference.
Information regarding the executive officers of the Company is contained after Part I of this Form 10-K. Information
regarding Section 16(a) compliance is contained in the Company’s definitive proxy statement under the caption “Section
16(a) Beneficial Ownership Reporting Compliance” and is incorporated herein by reference. Information regarding the
Company’s Audit Committee Financial Expert is contained in the Company’s definitive proxy statement under the
caption “The Board of Directors and Board Committees” and is incorporated herein by reference.
The Company has adopted a code of ethics that applies to all its directors, officers, employees and representatives.
Information regarding the Company’s code of ethics is contained in the Company’s definitive proxy statement for the
2006 Meeting of Stockholders under the caption “Corporate Governance—Code of Ethics and Conflicts of Interest” and
is incorporated herein by reference.
ITEM 11. EXECUTIVE COMPENSATION
This information is contained in the Company’s definitive proxy statement for the 2006 Annual Meeting of Stockholders
under the captions “Executive Compensation,” “Pension Plans,” “Executive Employment Agreements” and “The Board
of Directors and Board Committees—Compensation of Directors” and that information, except for the information
required by Item 402(k) and 402(l) of Regulation S-K, is incorporated herein by reference.
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