Raytheon Honors Celestica With Prestigious Three Star Supplier Excellence Award

    TORONTO and AUSTIN, Texas, Oct. 18 /CNW/ - Celestica Inc. (NYSE, TSX:
CLS), a global provider of innovative electronics manufacturing services
(EMS), and its U.S.-based subsidiary, Celestica Aerospace Technologies
Corporation, today announced that Celestica Aerospace Technologies Corporation
has been presented with Raytheon Missile Systems' prestigious Three Star
Supplier Excellence Award in recognition of its outstanding performance over
the past year. This is the second consecutive year the company has received
the award.
    Raytheon's Supplier Excellence Program rewards suppliers that
consistently demonstrate commitment and accountability for performance
excellence. Celestica Aerospace Technologies Corporation was rated
"Exceptional" based on Raytheon Missile Systems' Supplier Rating System. This
was driven by key achievements, including a sustained 97 per cent delivery
rating and a 99 per cent quality rating over the last 12 months.
    "We are very proud to be honored by Raytheon Missile Systems for the
second year in a row," said Peter Lindgren, Senior Vice President and General
Manager of Celestica's Industry Markets Segment. "This award speaks to our
strong focus on the key attributes that Raytheon seeks in a partner,
particularly the delivery of flexibility, speed and innovation in response to
their changing needs."
    "Celestica continues to be one of our outstanding suppliers," said Donna
Ellington, Vice President of Raytheon Missile Systems' Supply Chain
organization. "Raytheon is dedicated to providing its customers with products
that work the first time and every time. Celestica helps us achieve that
vision every day."
    Ms. Ellington presented the award to Michael McGuire, Celestica's Vice
President of Business Development, Industry, Aerospace and Defense at
Raytheon's annual Partner's Forum in Tucson, Arizona in August.
    Since 2004, Celestica has experienced rapid growth in the aerospace and
defense sectors. The company continues to invest in its Centers of Excellence
across the Americas, Europe and Asia - providing flexible solutions with a
specific focus on manufacturing and engineering for complex products, often
with high-mix, low-volume requirements.

    About Celestica
    Celestica is dedicated to providing innovative electronics manufacturing
services that accelerate our customers' success. Through our efficient global
manufacturing and supply chain network, we deliver competitive advantage to
companies in the computing, communications, consumer, industrial, and
aerospace and defense end markets. Our employees share a proud history of
proven expertise and creativity that provides our customers with the
flexibility to overcome any challenge.

    About Celestica Aerospace Technologies Corporation

    Celestica Aerospace Technologies Corporation is a U.S. company providing
advanced electronics manufacturing and supply chain services to the aerospace
and defense industries. With manufacturing capability in the Americas, Europe
and Asia, our mission is to enhance the competitive performance of aerospace
and defense companies through a broad range of technology services - including
the design, manufacture and support of high-reliability electronics systems
that provide operational control, monitoring, communications, and information
superiority in rigorous military and aerospace environments.
    Celestica Aerospace Technologies Corporation is a wholly owned subsidiary
of Celestica, a provider of innovative electronics manufacturing services with
more than 42,000 employees, over 30 locations in 16 countries worldwide, and
2006 revenues of US$8.8 billion.
    For further information on Celestica, visit its website at
    The company's security filings can also be accessed at
http://www.sedar.com and http://www.sec.gov.

    Celestica Safe Harbour and Fair Disclosure Statement

    This news release contains forward-looking statements related to our
future growth, trends in our industry, our financial and or operational
results, and our financial or operational performance. Such forward-looking
statements are predictive in nature, and may be based on current expectations,
forecasts or assumptions involving risks and uncertainties that could cause
actual outcomes and results to differ materially from the forward-looking
statements themselves. Such forward-looking statements may, without
limitation, be preceded by, followed by, or include words such as "believes,"
"expects," "anticipates," "estimates," "intends," "plans," or similar
expressions, or may employ such future or conditional verbs as "may", "will",
"should," or "would," or may otherwise be indicated as forward-looking
statements by grammatical construction, phrasing or context. The risks and
uncertainties referred to above include, but are not limited to: variability
of operating results among periods; inability to retain or grow our business
due to execution problems resulting from significant headcount reductions,
plant closures and product transfer associated with major restructuring
activities; the effects of price competition and other business and
competitive factors generally affecting the EMS industry; the challenges of
effectively managing our operations during uncertain economic conditions; our
dependence on a limited number of customers; our dependence on industries
affected by rapid technological change; the challenge of responding to
lower-than-expected customer demand; our ability to successfully manage our
international operations; and delays in the delivery and/or general
availability of various components used in the manufacturing process. These
and other risks and uncertainties and factors are discussed in the Company's
various public filings at www.sedar.com and www.sec.gov, including our Form
20-F and subsequent reports on Form 6-K filed with the Securities and Exchange
    We disclaim any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.

    %SEDAR: 00010284E

For further information:

For further information: Media Contact: Celestica, Kristy Bailey,
media@celestica.com, (416) 448-2200

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