FALLS CHURCH, Va., Sept. 18, 2006 /PRNewswire/ -- Raytheon Company has
appointed Bernard "Bernie" Elero vice president of Business Development for
its Intelligence and Information Systems (IIS) business, a $2.5 billion
unit specializing in intelligence, information systems and technology.
In this role, Elero will lead business development strategy and
initiatives at IIS to expand its stronghold in intelligence systems as well
as strengthen strategic partnerships to fuel growth into new, related
markets.
"Bernie is a well-respected business development executive with an
impressive track record for identifying and capturing new business in the
government and international markets," said IIS President Michael D.
Keebaugh. "He is an ideal choice to be at the helm of IIS's aggressive
growth strategy and is an excellent addition to the IIS leadership team."
Keebaugh added, "Bernie has developed key relationships with the
Department of Defense, intelligence community and international customers
that will be instrumental in maximizing our growth potential and further
strengthening customer relationships."
Elero, a 20-year industry and business executive, joined Raytheon from
L-3 Communications, Titan Group, Reston, VA, where he was most recently a
senior vice president of Business Development, Intelligence Solutions
Division. Prior to joining L-3 Communications, Elero was a vice president
of strategic management for Harris Technical Services Corporation. He has
also held business development positions with Lockheed Martin Missiles &
Space and General Electric.
Elero holds a Bachelor of Arts degree in physics from the University of
Pittsburgh and a Masters of Business Administration in finance from Eastern
Michigan University.
Raytheon Intelligence and Information Systems, with 2005 sales of $2.5
billion, is a leading provider of information and intelligence solutions to
the government. IIS provides the right knowledge at the right time to
enable its customers to make timely and accurate decisions of national
significance.
Raytheon Company (NYSE: RTN), with 2005 sales of $21.9 billion, is an
industry leader in defense and government electronics, space, information
technology, technical services, and business and special mission aircraft.
With headquarters in Waltham, Mass., Raytheon employs 80,000 people
worldwide.
Contact:
Keith D. Little
703.849.1675
SOURCE Raytheon Company
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Related links: http://www.raytheon.com/
CONTACT: Keith D. Little of Raytheon Company, +1-703-849-1675
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