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Raytheon Celebrates Math Awareness Month by Awarding $300,000 in Middle School Scholarships and Grants

Posted on: Wednesday, 22 April 2009, 08:00 CDT

150 students receive $1,000 scholarships for camp or college; schools receive $1,000 matching grants

WALTHAM, Mass., April 22, 2009 /PRNewswire/ -- Raytheon Company (NYSE: RTN) celebrated Math Awareness Month by awarding 150 middle school students, including 33 from Massachusetts, each with a $1,000 scholarship they can use toward a math, science or technology camp or program this summer. Additionally, each student's school receives a matching grant from Raytheon.

Each year Raytheon awards $1 million in scholarships and grants as part of its MathMovesU program, an initiative designed to engage middle school students in math and science through a variety of programs including contests, live events, scholarships, tutoring programs and more.

"Raytheon is delighted to recognize these students with scholarships for making math a priority," said Raytheon Chairman and CEO William H. Swanson. "It is our hope that these scholarships, coupled with the support of family and teachers, will encourage these students to continue their passion for math for many more years to come."

The 150 scholarship recipients were chosen from a pool of 1,662 middle school students who created multimedia presentations that illustrated the importance of math in their daily lives and answered the question: "How does math put the action in your passion?" Submissions were judged independently by Scholarship America.

For a complete listing of all 150 scholarship winners, please contact jennifer_k_chan@raytheon.com or donna@inkhousepr.com.

For the latest MathMovesU news and information about available scholarships, please visit www.raytheon.com/stewardship/mmu/

About MathMovesU

Since its inception in 2005 to help spur interest in math and science, Raytheon's MathMovesU program has touched the lives of more than 700,000 students, teachers and parents. Core components of the program include:

• An innovative approach to engaging students in math and science through a partnership with the Kraft family and The New England Patriots at The Hall at Patriot Place presented by Raytheon
• www.mathmovesu.com, a virtual space to educate and entertain middle school students through games and activities that showcase the math behind students' favorite pastimes
• A scholarship and grants program that awards $1 million annually to students, teachers and schools

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.

Contacts Jennifer K. Chan Donna M. Murno Raytheon Company InkHouse 781.522.5112 781.916.9090 ext. 804 jennifer_k_chan@raytheon.com donna@inkhousepr.com

Note to Editors:

A complete list of scholarship winners (name, grade, location, school) is available by request.

SOURCE Raytheon Company

Source: PR Newswire

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