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Raytheon Company Honored With 2008 EPA ENERGY STAR Sustained Excellence Award

Posted on: Tuesday, 1 April 2008, 12:00 CDT

WALTHAM, Mass., April 1, 2008 /PRNewswire/ -- Raytheon Company has been awarded a 2008 ENERGY STAR Sustained Excellence Award by the U.S. Environmental Protection Agency for the company's continued leadership in protecting the environment through energy efficiency. Raytheon will receive the award at a ceremony held on April 1, 2008, in Washington, D.C.

Raytheon was selected from more than 9,000 ENERGY STAR program participants for the Sustained Excellence Award - the highest honor given to partners. This is the fourth time in eight years that the company has received ENERGY STAR recognition. Raytheon has saved an estimated $10 million in 2007 and has reduced its greenhouse gas emissions by approximately 28 percent per dollar revenue by reducing energy usage and tapping renewable energy sources.

"Raytheon's employees truly understand the importance of sustainability and its effects on the planet and the economy," said Taylor W. Lawrence, vice president of corporate Engineering Technology and Mission Assurance. "We are grateful that our first-class workforce is committed to energy awareness and conservation by helping the company win yet another ENERGY STAR Award."

Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning more than 85 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 72,000 people worldwide.

Note to Editors: About ENERGY STAR

ENERGY STAR was introduced by the U.S. Environmental Protection Agency in 1992 as a voluntary market-based partnership to reduce greenhouse gas emissions through increased energy efficiency. Today, ENERGY STAR offers businesses and consumers energy-efficient solutions to save energy, money and help protect the environment for future generations. More than 9,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit http://www.energystar.gov/ or call toll-free 1-888-STAR-YES (1-888-782-7937).

Contact: Jon Kasle 781.522.5110

Raytheon Company

CONTACT: Jon Kasle of Raytheon Company, +1-781-522-5110

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

Source: PRNewswire

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