Raytheon tops industrials in 2017 Civic 50 list of most community-minded companies
Raytheon’s at the top of its class.
Points of Light, a nonprofit organization dedicated to volunteer service, has named Raytheon as the most civically-minded company in the industrials sector. It’s the fifth time Raytheon has earned a spot on the annual Civic 50 list of companies that contribute to their communities and the first time the Waltham-based company has led its sector.
“Whether we are supporting a veteran’s transition to a civilian career or inspiring a child through hands-on STEM programs, Raytheon’s corporate responsibility commitments focus on making a difference in individual lives and communities,” said Raytheon Chairman and CEO Thomas A. Kennedy. “The Civic 50 recognition underscores the important role business can play when it uses its time, talent and resources to have a lasting impact.”
Raytheon, a global aerospace and defense technology company with 63,000 employees, supports community outreach programs throughout the U.S. and internationally. The firm, which sits at No. 116 on the Fortune 500 list, has taken a strategic approach to its corporate responsibility efforts, pursuing initiatives that have a lasting impact and match its core mission.
As part of its $10 million commitment to help military veterans and their families, Raytheon has partnered with Student Veterans of America to support student veterans offer scholarships, grants and mentoring to service members pursuing completing their degrees with scholarships and mentoring. It also has funded the development of 22 educational “Centers of Innovation” at Boys & Girls Clubs located on military bases, and sponsors the MATHCOUNTS™ national math competition, among other initiatives designed to promote education in science, technology, engineering and math, the subjects known as STEM.
Civic 50 winners are selected based on the extensiveness of their community investments, how well their decisions line up with business strategies, how companies support community engagement throughout their organizations and the impact of their efforts.
More on Raytheon’s commitment to making the world a safer place can be found in the company's Corporate Responsibility Report.