A Year of Recognition

It was also a year of recognition in a number of areas. We received the Secretary of Labor’s Opportunity Award, the government’s highest award for outstanding and innovative workplace diversity efforts by federal contractors. We were selected as a 2007 ENERGY STAR^® Partner of the Year by the U.S. Environmental Protection Agency (EPA) for leadership and achievements in energy management and conservation. And we were awarded a 100 percent score, for the third consecutive year, on the Corporate Equality Index from the Human Rights Campaign Foundation. Raytheon was the first aerospace and defense company to achieve a 100 percent score.

In addition, our Integrated Defense Systems’ Integrated Air Defense Center in Andover, Massachusetts, and our Missile Systems’ facility in Camden, Arkansas, received North American Shingo Prizes for Operational Excellence for 2008, and our Missile Systems–Louisville facility received a North American award in 2007. Our Integrated Defense Systems’ Maritime Mission Center in Portsmouth, Rhode Island, was awarded a Northeast Shingo Prize in 2007.

The company was also pleased to receive a ranking as one of the “Rising 10 Homeland Security Companies” by HSToday, as well as a ranking among the 50 “Best Places to Launch a Career” by BusinessWeek. In December 2007, Raytheon was awarded the “Best Managed Company” designation in America’s aerospace and defense industry by Forbes in its latest annual survey of the 400 Best Big Companies in America.