Raytheon joins White House jobs effort
New, work-based learning programs will help fill the talent pipeline
Raytheon Company will invest in its current and future workforce as part of a nationwide initiative to help fill the talent pipeline in manufacturing, engineering and other technical fields.
The company will expand work-based learning, education, on-the-job training and re-skilling programs to help workers meet the demands of the future. The aerospace and defense sector faces workforce and technological change, as employees retire and future generations prepare to lead the industry.
Raytheon Chairman and CEO Thomas A. Kennedy, who serves as chairman of the Aerospace Industries Association's board of governors, made the pledge in a July 19 White House ceremony. Kennedy was among a group of industry leaders who joined U.S. President Donald J. Trump to sign the "Pledge to the American Worker," which promises to prepare workers for the challenges of the future.
"Our nation needs to hire and train ready-now talent to compete effectively in the global aerospace and defense marketplace of the future," said Kennedy. "Today's pledge is a strong step in developing a dynamic, diverse and engaged 21st century workforce to fill the jobs of the future that will fuel the American economy. Raytheon is creating programs to give our employees the skills they need to continue to deliver the innovative technologies that America and its allies need."
Under the pledge, Raytheon will build "bench strength" and help workers gain and sustain the skills needed for successful technical careers.
“Nearly 1 in 5 working Americans has a job that didn’t exist in 1980, many in technology, the fastest-growing segment across all industries. Such rapid change is one reason 6.6 million U.S. jobs are currently unfilled,” wrote Presidential advisor Ivanka Trump, whose office will lead the initiative, in a July 17 op-ed in the Wall Street Journal.
The President's initiative will "prioritize and expand workforce development so that we can create and fill American jobs with American workers," she wrote.
Aerospace Industries Association member companies employ 2.4 million highly trained technical and manufacturing workers, whose salaries are 81 percent above the national average. AIA member companies share a combined goal of providing 202,000 enhanced career opportunities over the next five years.