WALTHAM, Mass., July 2, 2014 /PRNewswire/ -- Raytheon Company (NYSE: RTN) and Student Veterans of America (SVA) will open the application process for the Raytheon-SVA Scholarship July 4, 2014, to be presented to three student veterans pursuing undergraduate or graduate degrees in engineering fields and who have demonstrated leadership in their local communities. Three $10,000 scholarships will be awarded, for a total commitment of $30,000. Applications will be accepted through October 1, 2014.

Military veterans pursuing an undergraduate or graduate degree in any of the following fields are invited to apply:

• Engineering: Aerospace, Computer, Electrical, Mechanical, Software or Systems
• Cyber Security / Network Security 

Raytheon and SVA joined forces in November 2012 with a shared mission to provide military veterans with the resources, support and advocacy needed to succeed in higher education. Such empowerment helps our nation's warfighters find success in their civilian lives and answers the call to action from SVA's Million Records Project – a study on the academic progress of student veterans, of which Raytheon is a sponsor.

"Given the appropriate resources, veterans possess the capacity to make a huge impact in America's communities and economy," said D. Wayne Robinson, SVA's President and CEO. "As shown through the findings of the Million Records Project, veterans are pursuing degrees in high-growth, in-demand fields including, engineering and information technology. This continued partnership illustrates Raytheon's commitment to the veteran community and their dedication to ensuring those who have served are afforded every opportunity to succeed."

About Student Veterans of America
SVA is a 501(c)(3) non-profit coalition of more than 1000 student veteran organizations on college campuses globally. Founded in 2008, the SVA's mission is to provide military veterans with the resources, support and advocacy needed to succeed in higher education and following graduation. The peer-support provided by each SVA chapter has been linked to an easier transition to campus and greater academic success for student veterans.

About Raytheon
Raytheon Company, with 2013 sales of $24 billion and 63,000 employees worldwide, is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 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 cyber security and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.

Media Contact
Tina Martineau
+1.781.522.6490
corporatepr@raytheon.com

SOURCE Raytheon Company