Raytheon's Chairman and CEO honored with Atlantic Legal Foundation's Annual
William H. Swanson recognized for "industry leadership in providing innovative
technologies and solutions" for nation's security
WASHINGTON, March 15, 2013
WASHINGTON, March 15, 2013 /PRNewswire/ --William H. Swanson, Chairman and
CEO of Raytheon Company (NYSE: RTN), was honored Monday with the Atlantic
Legal Foundation's Annual Award for 2012 -- for his "industry leadership in
providing innovative technologies and solutions that contribute to our
Swanson accepted the award from Foundation Chairman Hayward D. Fisk in
ceremonies held at the U.S. Chamber of Commerce Building, following an
introduction by Jay B. Stephens, Raytheon's senior vice president, general
counsel and secretary.
Swanson thanked the Atlantic Legal Foundation for the prestigious honor, the
25th such annual award bestowed by the Foundation, and he praised the
organization for its "consistent support of the principles of public policy
that benefit industry and the private sector."
Swanson, an early and respected business leader in support of science,
technology, engineering and math education (STEM), urged businesses that may
still be on the education sidelines in supporting STEM education to, "Put on
your helmets and pads and join us on the field." It was, he said, "the right
thing to do for business, and it's the right thing to do for our country."
Swanson noted that there are many ways for business to get involved in
ensuring an adequate STEM pipeline. "One area where business engagement is
needed," he said, "is helping improve workforce alignment. Too many students
and adults are training for jobs in which labor surpluses exist and demand is
low – while high-demand jobs, particularly those in STEM fields, go unfilled."
He observed, "As job creators, businesses are on the frontlines of this
supply-demand dynamic." As a result, he said, they have a "tremendous
opportunity to work together with academia to identify and address the
structural misalignment between education and workforce needs."
He noted this was a focus of the Business-Higher Education Forum, of which
Swanson is a past Chair and a current member of its Executive Committee.
Swanson also congratulated Richard Wilson, Mallinckrodt Professor of Physics
Emeritus at Harvard, for being honored with the Foundation's Lifetime
For more about Raytheon's STEM education focus, visit MathMovesU®.
Raytheon Company, with 2012 sales of $24 billion and 68,000 employees
worldwide, is a technology and innovation leader specializing in defense,
homeland security and other government markets throughout the world. With a
history of innovation spanning 91 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 a broad range of mission support services. Raytheon is
headquartered in Waltham, Mass. For more about Raytheon, visit us
atwww.raytheon.comand follow us on Twitter@raytheon.
SOURCE Raytheon Company
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