TEWKSBURY, Mass., Nov. 11, 2015 /PRNewswire/ -- Raytheon Company (NYSE: RTN), in partnership with the nonprofit Student Veterans of America (SVA), is now accepting applications for the 2016 Raytheon Patriot Scholarship. Two $10,000 scholarships will be awarded to student veterans under this educational program, which honors those who served in the U.S. Army. The first such scholarships were awarded this past May.
The Raytheon Patriot Scholarship, which carries the name of the company's Patriot Air and Missile Defense System, is designed to help returning soldiers achieve educational goals that can lead to success in their civilian lives. The scholarships are awarded to Army student veterans pursuing an undergraduate or graduate degree at an accredited university.
Army veterans interested in the annual Raytheon Patriot Scholarship can apply on the Student Veterans of America website. The application process will remain open until April 4, 2016.
"The Raytheon Patriot Scholarship is our way of honoring Army student veterans for their service, by helping them make a successful transition from active military service to civilian life," said Ralph Acaba, vice president of Integrated Air and Missile Defense for Raytheon Integrated Defense Systems.
Raytheon and SVA joined forces in November, 2012, with a shared mission: to provide military veterans the resources, support and advocacy needed to succeed in higher education. Such empowerment helps our nation's veterans find success in their post-service lives, and helps to develop a generation of professionals who already understand the importance of leadership, discipline and perseverance.
The Raytheon Patriot Scholarship is the latest in a series of scholarship initiatives launched by Raytheon and SVA.
About Global Patriot Solutions
Raytheon's Global Patriot Solutions is the most advanced portfolio of air and missile defense technologies in the world, providing comprehensive protection against a full range of advanced threats, including aircraft, tactical ballistic missiles, cruise missiles and unmanned aerial vehicles. Continually upgraded and enhanced with the latest technology, Patriot serves as the air and missile defense foundation for nations around the globe.
About Student Veterans of America
SVA is a 501(c)(3) non-profit coalition of 1200+ student veteran organizations representing 440,000 veterans in higher education. SVA's mission is to provide military veterans with the resources, support, and advocacy to ease veteran and active military students' transition into higher education and leverage military experience to launch successful careers in high-demand fields. For more information, visit us at www.studentveterans.org and follow us on Twitter @studentvets.
Raytheon Company, with 2014 sales of $23 billion and 61,000 employees worldwide, is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 93 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 cybersecurity and a broad range of mission support services. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.
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SOURCE Raytheon Company