BusinessWeek Magazine Names Raytheon One of the 'Best Places to Launch a Career'

Sep 13, 2006, 01:00 ET from Raytheon Company

    WALTHAM, Mass., Sept. 13, 2006 /PRNewswire/ -- BusinessWeek magazine,
 in its Sept. 18th cover story, ranks Raytheon as one of the top 10 "best
 places to launch a career."
     The company's standing, seventh overall, is reflected in a new survey
 developed by the magazine to identify the top 50 employers for college
 graduates. Raytheon's competitive pay package and its ability to retain key
 talent (43 percent of top executives have 20 or more years' service) are
 highlighted in the issue, which is on newsstands now.
     "We work hard at retaining and attracting the best talent to our
 organization," said William H. Swanson, Chairman and CEO of Raytheon
 Company. "Our core values include welcoming diversity and diverse opinions
 within our company, creating an environment where all employees are
 encouraged to learn and grow, fostering teamwork and collaboration, and
 celebrating success. Our high ranking on the survey is great recognition
 for all our employees throughout the company."
     The BusinessWeek survey used feedback from three different sources:
 directors of undergraduate career services, company supplied data and the
 findings of a Universum Communications survey of 37,000 undergraduates. The
 magazine tapped college officials for a sense of who was creating "buzz" on
 campus. Those companies were then asked to respond to a detailed
 questionnaire about pay, benefits, training and mentorship, corporate
 culture and retention. Those findings were combined with the Universum
     Raytheon Company (NYSE:   RTN), with 2005 sales of $21.9 billion, is an
 industry leader in defense and government electronics, space, information
 technology, technical services, and business and special mission aircraft.
 With headquarters in Waltham, Mass., Raytheon employs 80,000 people
     Corinne Kovalsky

SOURCE Raytheon Company