| |
 Diversity Supplier Development
Continuous improvement is a cornerstone in Raytheon’s
quest for customer success and “no doubt” when it comes
to the performance of our products and services.
Recognizing the vital role suppliers play in our ability
to deliver on our promise, Raytheon engaged in 26
Raytheon Six Sigma supplier programs. The company
also participated in supplier development by providing
developmental assistance to nine protégé companies under
the Department of Defense Mentor-Protégé Program.
 Formally Recognizing Partnerships
Each year, Raytheon hosts a supplier diversity celebration
to recognize the importance of these partnerships and
honor the individual Raytheon employees who helped
make them possible. The 2005 event, which was held in
Boston, Mass., was hosted by John Harris, vice president
of Contracts and Supply Chain, and Benita Fortner,
director of Corporate Supplier Diversity. Louise
Francesconi, president of Raytheon Missile Systems
and Raytheon diversity champion, served as chairperson
and provided the keynote address.
A further breakdown of Raytheon’s spending:
| — |
7% of total purchase order dollars with minority-owned
businesses for a total of $334,499,235, of which $75 million
were awarded to Native American businesses |
| — |
5% of total purchase order dollars with women-owned
businesses for a total of $255,679,570 |
| — |
4% of total purchase order dollars with veteran-owned
businesses for a total of $215,702,396 (of which
$24,585,988 was spent with service-disabled veteran-owned
businesses) |
| — |
2% of total purchase order dollars with small businesses
certified as HUB Zone companies for a total of $100,008,502 |
|
|
|
Top of Page