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Raytheon issues latest installment of its $2 million annual commitment to STEM-based scholarships and grants

Awards recognize dedicated students, teachers and their schools for science, technology, engineering and math excellence

WALTHAM, Mass., April 25, 2012 /PRNewswire/ -- Raytheon Company (NYSE: RTN) is closing out its Mathematics Awareness Month celebration by announcing $360,000 in science, technology, engineering and math (STEM) scholarships and grants, part of the company's commitment of more than $2 million in annual funding for STEM education. The awards, part of Raytheon's MathMovesU® program, recognize both students who exemplify a passion for STEM and teachers who engage students in STEM excellence. Award recipients are being notified by Scholarship America® throughout the month.

One hundred fifty middle school students from across the country each received a $1,000 MathMovesU Middle School Scholarship – which can be used toward a math and science camp or a technology program this summer, or to save for college. The scholarship winners were chosen from applicants who created multimedia presentations describing the importance of math in their daily lives. Each recipient's middle school received a matching $1,000 grant from Raytheon.

Complementing the student awards and matching grants, Raytheon recently announced the recipients of $3,000 scholarship awards each to 20 elementary teachers and science specialists. The scholarship awards enable educators to attend an Engineering is Elementary® Professional Development workshop created by the Museum of Science, Boston and to purchase supplies for their classrooms. The 20 educators are among the first to benefit from Raytheon's $1 million grant toward the Raytheon-EiE Teacher Scholarship fund.

For a complete list of this year's MathMovesU Middle School Scholarship winners and Raytheon-EiE Teacher Scholarship recipients, contact Raytheon Communications.

About MathMovesU

Raytheon's MathMovesU® program is an initiative committed to increasing middle and elementary school students' interest in math and science education by engaging them in hands-on, interactive activities. The innovative programs of MathMovesU include the traveling interactive experience MathAlive!™; Raytheon's Sum of all Thrills™ experience at INNOVENTIONS at Epcot®, which showcases math in action as students design and experience their own thrill ride using math fundamentals; the "In the Numbers" game, a partnership with the New England Patriots on display at The Hall at Patriot Place™ presented by Raytheon; the company's ongoing sponsorship of the MATHCOUNTS® National Competition; and the MathMovesU scholarship and grant program. Follow MathMovesU and other Raytheon community outreach programs on Facebook and on Twitter at @MathMovesU.

About Raytheon

Raytheon Company, with 2011 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 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. With headquarters in Waltham, Mass., Raytheon employs 71,000 people worldwide. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter at @raytheon.

Media Contacts
Kristyn Lao
+1.781.522.5126

Jennifer Chan
+1.781.522.5112

corporatepr@raytheon.com

SOURCE Raytheon Company

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