Raytheon Recognized by NASA for Small Business Support

NASA selected Raytheon Company (NYSE: RTN) as the Large Business Prime Contractor of the Year in its agency-level awards to recognize small business partnership. Raytheon was nominated for its support to the Goddard Space Flight Center in Greenbelt, Md., and was then advanced to recognition at the agency level for extensive efforts to help NASA meet its goals for small business inclusion.

In its announcement, NASA explained its Small Business Industry Awards program is designed to recognize outstanding contractors that help the agency meet its mission. For 2014, nominations were received from all 10 of NASA's centers.

The Raytheon team was nominated by the Goddard Space Flight Center for support through the Evolution and Development, or EED, program led by NASA's Earth Science and Data Information System Project Office. Raytheon has been NASA's partner on the program for more than 20 years.

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"Raytheon's work in support of NASA's Goddard Space Flight Center underpins our nation's continued space exploration and scientific discovery," said Todd Probert, vice president of Mission Support and Modernization for Raytheon Intelligence, Information and Services. "We approach this work as a trusted partner to NASA and are committed to program innovation as we team with, and mentor, small businesses."

Raytheon program manager Tim Ortiz said Raytheon employees partner with small-businesses in direct support of NASA's Earth Science Climate Research at the Goddard Space Flight Center. The Raytheon team's integrated partnership means a 42-percent work share for small businesses, exceeding goals set by the Small Business Administration.

Raytheon Company has a history of more than 50 years of partnership with NASA through programs including manufacture of the Apollo flight computer, training astronauts, providing weather and other data analysis, and building space-based environmental sensing instruments for study of geophysical properties of Earth and other planets.

Source: Raytheon Corporation (NYSE: RTN)
Date: Mar 23, 2015