WALTHAM, Mass., Dec. 26, 2007 /PRNewswire/ -- Forbes has named Raytheon
Company as the Best Managed Company in the Aerospace & Defense industry in
its 10th annual survey of the 400 Best Big Companies.
Forbes highlights Raytheon management for improving the company's
financial performance, including a significant decline in debt, and notes
the strong growth posted by Raytheon's Integrated Defense Systems, Network
Centric Systems and Missile Systems businesses. The publication's rankings
and editorial coverage of Raytheon appear on Forbes.com.
In its methodology, Forbes states that its choice for best-managed
companies in 26 industries, including Aerospace & Defense, is based on
financial statistics as well as "management ability, innovation and
leadership."
Raytheon Company, with 2006 sales of $20.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 85
years, Raytheon provides state-of-the-art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command, control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 73,000 people worldwide.
Contact:
Jon Kasle
781-522-5110
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
http://www.Forbes.com
CONTACT:
Jon Kasle of Raytheon Company,
+1-781-522-5110
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