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Raytheon Recognized by EPA with 2009 ENERGY STAR Sustained Excellence Award

Posted on: Friday, 27 March 2009, 07:00 CDT

WALTHAM, Mass., March 27, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a 2009 ENERGY STAR Sustained Excellence Award by the U.S. Environmental Protection Agency.

The company was cited for its ongoing, successful enterprisewide management of strategies and programs to reduce energy consumption, improve energy efficiency and cut greenhouse gas emissions. This is the second consecutive year Raytheon has received the Sustained Excellence Award, the highest honor given to ENERGY STAR partners. Raytheon will receive its award at a ceremony March 31, 2009, in Washington, D.C.

Raytheon was selected from more than 12,000 public and private sector ENERGY STAR program participants for the Sustained Excellence Award. This is the fifth such award Raytheon has received from the EPA in the past nine years, which demonstrates the company's persistent efforts.

Raytheon saved an estimated $2 million in 2008 and since 2002 has improved energy intensity by more than 30 percent. This six-year reduction in energy consumption equates to more than 232,000 metric tons of greenhouse gas emissions avoided on a cumulative basis. In 2008, the company also successfully rolled out an internal Energy Citizens campaign across the enterprise to encourage employees to practice energy efficiency at work and at home. More than 21,000 employees were qualified as 2008 Energy Citizens as a result of the campaign. A 2009 Energy Citizens campaign was launched earlier this year to achieve even greater employee engagement in energy conservation.

"Our employees are demonstrating true dedication to sustainability by integrating energy efficiency and environmentally sensitive behaviors into everyday business practices," said Raytheon Chairman and CEO William H. Swanson. "As stewards of our environment, Raytheon strives to reduce energy consumption and greenhouse gas emissions. We are honored to accept this Sustained Excellence award for the second consecutive year, and we thank the EPA for this prestigious honor."

Raytheon Company, with 2008 sales of $23.2 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 87 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 73,000 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 12,000 organizations are ENERGY STAR partners committed to improving the energy efficiency of products, homes, buildings and businesses. For more information about ENERGY STAR, visit www.energystar.gov or call toll-free 1-888-STAR-YES (1-888-782-7937).

Contact: Jon Kasle 781.522.5110

SOURCE Raytheon Company

Source: PR Newswire

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