DULLES, Va., Nov. 30, 2011 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been recognized as a Large Business Prime Contractor of the Year for its contributions in support of NASA's overall small business program. As part of this year's NASA Small Business Symposium, Raytheon received the Jet Propulsion Laboratory's 2011 Large Business Prime Contractor of the Year Award. The award was presented to company representatives at NASA's Small Business Symposium and Awards Ceremony held Nov. 3 in Dulles, Va.
For the past 13 years, Raytheon has supported JPL in designing, developing and operating complex science, data and advanced information systems.
"Our small business partners play an important role in our success delivering agile, flexible and innovative solutions that help solve JPL's complex mission challenges," said Ron Stefano, vice president of Mission Operations Solutions for Raytheon's Intelligence and Information Systems business. "This award recognizes Raytheon as an incubator of small businesses, offering maximum opportunities for small and disadvantaged companies to contribute and succeed within our program, JPL and NASA."
To be considered for the Large Business Prime Contractor of the Year Award, contractors must be nominated by individual NASA centers. Selection criteria for the large business prime contractor category include performing well on NASA contracts; demonstrating overall sound small business programs; meeting or exceeding small business requirements; using small business contractors to perform some technical tasks required by the contract during contract execution; and sponsoring and participating in outreach activities.
Raytheon Company, with 2010 sales of $25 billion, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 89 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 72,000 people worldwide. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter at @raytheon.
SOURCE Raytheon Company