WALTHAM, Mass., Nov. 22, 2010 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has named Todd Ernst vice president, investor relations. Ernst reports to Raytheon Senior Vice President and CFO David C. Wajsgras.

Ernst joined Raytheon in January 2010 from Neuberger Berman where he served as a senior research analyst. Most recently, Ernst held the position of director, competitive assessment for Corporate Strategy at Raytheon.

Ernst succeeds Marc Kaplan, who has moved to Raytheon Integrated Defense Systems (IDS), where he will lead strategic planning and assessment for the business.

"Todd has extensive aerospace and defense experience, including his time spent as an industry analyst and as our point person on competitive assessment. His background makes him uniquely suited to lead our investor relations activities with both institutional investors and analysts. He will be a strong addition to the Raytheon investor team," Wajsgras said. "I thank Marc for his leadership in the role of investor relations and congratulate him on his new position at our IDS business."

Ernst holds a bachelor's degree from DePauw University and earned a Masters in Business Administration in 1997 from the University of Michigan School of Business.

Raytheon Company, with 2009 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 88 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 75,000 people worldwide.

www.raytheon.com

SOURCE Raytheon Company