Raytheon named one of America's most community-minded companies by The Civic
Company recognized for business integration of community engagement and its
focused efforts to measure impact of programs
WALTHAM, Mass., Dec. 5, 2013
WALTHAM, Mass., Dec. 5, 2013 /PRNewswire/ -- For the second consecutive year,
Raytheon Company (NYSE: RTN) has been recognized as one of America's most
community-minded companies in The Civic 50. Conducted by the National
Conference on Citizenship (NCoC) and Points of Light, and published by
Bloomberg News, the annual survey identifies and recognizes companies for
their commitment to improve the quality of life in the communities where they
"We are steadfast in our corporate commitment to social responsibility, and
are honored to be recognized by Bloomberg, NCoC and Points of Light," said
William H. Swanson, Chairman and CEO of Raytheon Company. "Whether supporting
armed service members, volunteering on behalf of local causes, or engaging
students in science, technology, engineering and math, we will continue to
challenge ourselves to have a positive impact on future generations."
Applicants were evaluated on several criteria, including extent of financial
and human resources applied to civic improvement; whether internal and
external resources are activated to maximize community impact; how a company's
community engagement activities support its business interests; how broadly
community engagement is supported and institutionalized within a company's
policies, systems and incentives; and how a company measures the social and
business value of its community engagement programs.
Raytheon was highlighted for its ability to link community success to business
success, and to measure the impact of its community engagement programs.
Raytheon has a three-pronged strategic approach to community outreach: math
and science education initiatives, armed services support, and local community
support. The company executes this strategy through programs such as
MathMovesU^® -- the company's flagship science, technology, engineering and
math (STEM) education program -- employee volunteering, and institutional and
employee contributions. Raytheon's corporate responsibility activities are
guided by the company's Vision, Strategy, Goals and Values; the latter are
built on people, integrity, commitment and excellence. To learn more about
Raytheon's commitment to the community, please visit
The Civic 50 was developed in partnership with a high-profile working group of
lead researchers and industry thought leaders. Dozens of corporate advisors
provided strategic guidance on the program's objectives, including defining
indicators, developing methodology, and identifying partners and participants.
As a result of this collaborative process, the initiative reflects leading
insight and thinking about how corporations can and should engage with
communities in a 21st century economy.
True Impact, a company specializing in helping organizations maximize and
measure their social and business value, administered the survey. A
cross-sector team of independent qualitative evaluators reviewed the
To learn more about The Civic 50 survey, please visit www.Civic50.org.
Raytheon Company, with 2012 sales of$24 billionand 68,000 employees
worldwide, is a technology and innovation leader specializing in defense,
security and civil 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 inWaltham,
Mass.For more about Raytheon, visit us at www.raytheon.com and follow us on
SOURCE Raytheon Company
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