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In early 2008, Raytheon announced another
initiative to help increase the ranks and job
prospects of talented engineering and science
students, with an added focus on diversity. A $500,000 company contribution marked the establishment of a permanent endowment at The Citadel, South Carolina's renowned military college, to be known henceforth as the Raytheon Scholars Fund. Proceeds from the endowment will support scholarships to women and minorities in a range of engineering and science fields. In announcing the program, Raytheon Chairman and CEO William H. Swanson cited the importance of diversity in meeting the engineering and scientific needs of both Raytheon and the nation.
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