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Raytheon's Olive Named One of Computerworld's Top IT Leaders

    TEWKSBURY, Mass., Dec. 20, 2006 /PRNewswire/ -- Steve Olive, chief
information officer (CIO) of Raytheon Company's (NYSE: RTN) Integrated
Defense Systems (IDS) business, has been selected as one of the top 100
Information Technology (IT) leaders by Computerworld magazine, a trusted
source of IT management news for 37 years.
    Computerworld's 2006 Premier 100 IT Leaders list honors individuals who
have had a positive impact on their organizations through technology. Each
year, Computerworld accepts nominations from all across the industry.
Eligible nominees include CIOs, chief technology officers, vice presidents,
IT directors and managers, and more.
    Olive was nominated for this recognition by Dan Smith, president of
IDS, and Rebecca Rhoads, vice president and chief information officer of
Raytheon Company. "Steve Olive is a leader with laser focus on people,
process, product and profit," said Rhoads.
    In addition to his role as CIO of IDS, Olive is also vice president of
IDS Information Solutions (IS), where he is responsible for providing
strategic and operational leadership to the IDS IS team. In addition, Olive
is the university executive responsible for the relationship between
Raytheon and Northeastern University, where he earned a bachelor's degree
in engineering technology and a master's degree in business administration.
    Prior to assuming the position of IS vice president, Olive was director
of IT for the Air/Missile Defense Systems business unit at the former
Raytheon Electronic Systems, El Segundo, Calif. In this role, he was
responsible for all aspects of IT that supported the A/MDS business unit.
Olive first joined Raytheon in 1987 as a manufacturing supervisor.
    Integrated Defense Systems is Raytheon's leader in Joint Battlespace
Integration providing affordable, integrated solutions to a broad
international and domestic customer base, including the U.S. Missile
Defense Agency, the U.S. Armed Forces and the Department of Homeland
Security.
    Raytheon Company, 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:
    Guy Shields
    978.858.5246


SOURCE Raytheon Company




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Related links:
  • http://www.raytheon.com
    CONTACT:
    Guy Shields of Raytheon Company,
    +1-978-858-5246