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TheStreet Open House

Raytheon Establishes Global Business Services Group

Stocks in this article: RTN

WALTHAM, Mass., Jan. 17, 2013 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has established a new Global Business Services (GBS) group to build on the success of its well-instituted enterprise efficiency initiatives by applying proven service delivery practices more broadly across the company.

Raytheon GBS brings together best practices of the company's supply chain management, finance, information technology and human resources functions to drive increased satisfaction among internal and external customers. The group will be led by Rebecca Rhoads, who continues to serve as Raytheon's vice president and chief information officer.

"Global Business Services will leverage Raytheon systems across the company to enable simplified processes and increase operational speed and agility, while providing value to internal and external customers," said William H. Swanson, Chairman and CEO, Raytheon Company. "Rebecca is uniquely qualified to lead this new group, having successfully led diverse teams dealing with the integration of complex capabilities and platforms across our company."

About RaytheonRaytheon Company, with 2011 sales of $25 billion and 71,000 employees worldwide, is a technology and innovation leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 90 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. Raytheon is headquartered in Waltham, Mass. For more about Raytheon, visit us at www.raytheon.com and follow us on Twitter @Raytheon.

Media Contacts

Jon Kasle +1.781.522.5110 or Dave Desilets +1.781.522.5855 corppr@raytheon.com

SOURCE Raytheon Company

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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