With scholarships and career advice, Raytheon helps veterans succeed as civilians

WALTHAM, Mass., Nov. 4, 2015 /PRNewswire/ -- From career counseling to care packages for wounded veterans, Raytheon (NYSE: RTN) is marking its Week of Service with efforts to help and honor those who have served in the military.

The Week of Service celebrates the volunteer work of Raytheon employees, many of whom support veterans and military families. Veteran support is a major part of Raytheon's culture, with more than 10,000 former service members working for the company around the world.

"Everything we do, everything we build, we build it to help members of the military complete their missions and return home safely. But our respect for them, and our desire to help them, lasts well after they have separated from the service," said Raytheon Chairman and CEO Thomas A. Kennedy, a former U.S. Air Force captain.

This week, and throughout November, Raytheon employees will volunteer in support of the company's efforts to honor and empower veterans and military families. Those efforts include:

HONORING:

• RED Shirt Fridays: Raytheon employees across the United States participate in RED Shirt Fridays, a nationwide grassroots movement to honor U.S. servicemen and women serving overseas.
• A Salute to Service at Gillette Stadium: Raytheon and the New England Patriots will host members of Student Veterans of America and American Corporate Partners at Gillette Stadium in Foxboro, Massachusetts, on Nov. 8. The event will include a pre-game reception in The Hall at Patriot Place and a ceremony before kickoff.
• Operation Homefront: On Veterans Day, employees of Raytheon's Intelligence, Information and Services business will assemble care packages for patients at the Walter Reed National Military Medical Center in Bethesda, Maryland.
• Shades of Green breakfast: Employee volunteers will host a Disney character breakfast at Shades of Green, a hotel for active duty and retired military members at the Walt Disney World Resort in Lake Buena Vista, Florida.

EMPOWERING:

• Career mentoring: Raytheon is working with American Corporate Partners to provide military veterans with career mentors. Under the new partnership, 50 Raytheon employees will work one-on-one with veterans, offering advice on topics such as corporate culture and developing professional networks.
• Scholarships: Raytheon awards multiple scholarships to military veterans. They include:
  • The Raytheon Patriot Scholarship: Named after Raytheon's Patriot Air and Missile Defense System, this scholarship offers $10,000 to Army veterans studying for an undergraduate or graduate degree at an accredited university. Raytheon and partner organization Student Veterans of America open the application process on Veterans Day.
  • The Raytheon-Zumwalt Endowed Scholarship Award: This renewable scholarship offers $20,000 over the course of four years to a student of science, technology or engineering who exemplifies the legacy of U.S. Navy Admiral Elmo Zumwalt, Jr., who worked to improve enlisted life for sailors.
  • The Raytheon Student Veterans of America scholarship, a $10,000 award that is open to all U.S. military veterans who are pursuing a degree in engineering or a related field.
• YESNET/RAYVETS fund drive: YESNET, Raytheon's young employee network, and RAYVETS, a company organization for veterans and veterans' supporters, will present a check to Wounded Warrior Project. The organizations raised the funds through a recent campaign.
• No Barriers: In October, Raytheon helped take 12 wounded combat veterans on an expedition through the Grand Canyon, in cooperation with the nonprofit No Barriers Warriors. The expedition included a seven-day whitewater river adventure and a 7.5-mile hike up the Bright Angel Trail, which gains almost a mile in elevation.
• Centers of Innovation: Raytheon employees are helping to plan and design Centers of Innovation, part of Raytheon's $5 million commitment to Boys & Girls Clubs of America. Through the use of modern technology and expert mentors, the centers will offer club members a place to work on projects that apply the principles of science, technology, engineering and math. The centers are located at Boys & Girls Clubs-affiliated Youth Centers on U.S. military installations, and at clubs that support military families.

About Raytheon

Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 93 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as cybersecurity and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.

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SOURCE Raytheon Company

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