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Raytheon Announces $850K Grant to Tuskegee University

    WALTHAM, Mass., Sept. 14  /PRNewswire-FirstCall/ -- Raytheon Company (NYSE:
RTN) has announced a commitment of $850,000 to Tuskegee University in Alabama
to help Tuskegee attract high potential students in math and engineering.  The
program encourages the pursuit of math and science careers for students and
supports Raytheon's efforts to create an inclusive workforce.

    "We're helping Tuskegee attract talented students and create a stronger,
more diverse math and engineering talent pool," said William H. Swanson,
Raytheon Company Chairman and CEO.  "This grant helps promote math and
engineering education, which is a focus of our contribution programs," Swanson

    Tuskegee University's President, Dr. Benjamin F. Payton, said he is
"excited about Raytheon's commitment to support Tuskegee."

    "Raytheon's contribution underscores the importance of preparing a
skilled, well-educated, and diverse work force, particularly in the
technological and scientific processes of tomorrow," Payton said. "Tuskegee
alumni already work in key roles within the Raytheon Company and stand as
shining examples of this university's commitment to excellence. Raytheon and
other technology companies can confidently look forward to future generations
of ready-to-work, multi-skilled, highly-qualified employees and leaders,
educated at Tuskegee and armed with the skills necessary to succeed in today's
global marketplace," Payton said.

    The initiative will allow Tuskegee to provide scholarships for a select
number of highly talented undergraduate students majoring in engineering and
computer science.  As part of the initiative, students will be assigned
important research and development projects, enabling them to apply their
knowledge to technical challenges, preparing them for future careers in
engineering.  The program is scheduled to begin this fall.

    Raytheon Company (NYSE: RTN), with 2003 sales of $18.1 billion, is an
industry leader in defense, government and commercial electronics, space,
information technology, technical services, and business and special mission
aircraft.  With headquarters in Waltham, Mass., Raytheon employs more than
78,000 people worldwide.

   Nicholas Garrison

SOURCE: Raytheon Company

Web site:  http://www.raytheon.com/

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