Raytheon 2013 Annual Report Download - page 6

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We are pleased with the progress we have made and, as
always, we are challenging our teams to do more.
Strength of our culture
It takes more than solid performance and operations to
be a great company. It also requires a strong corporate
culture. That is why Raytheon has been committed to
strengthening our culture for the past decade. Built upon
the solid foundation of Raytheon’s Vision, Strategy,
Goals and Values, our culture aligns our world-class
people to operate together as one company around the
globe. Over time, it has evolved to incorporate many
facets – science, technology, engineering and math-
ematics (STEM) education, armed services support,
sustainability, ethics, sound governance, learning, diver-
sity & inclusion, respect and community engagement.
The results have been well beyond our expectations,
and our efforts in 2013 continued to receive recognition
and awards. Most notably, Raytheon was again named
one of America’s most community-minded companies
by The Civic 50. For the second consecutive year, we
were the only aerospace and defense company recog-
nized in the survey, and we were highlighted for our
ability to link community success to business success
and to measure the impact of our community engage-
ment programs.
Well positioned for the future
As we look across the company, our performance remains
solid, our strategy continues to create value and our cul-
ture is stronger than ever. This has us well positioned for
the opportunities ahead. To best embrace them, we will
be focusing on domestic and global growth, enterprise
collaboration and competitive differentiators.
One of the best ways to ensure our success is by investing
in our people through Raytheon’s leadership develop-
ment and succession planning programs. These programs
were never more important than when we announced
our CEO transition on January 15, 2014. As a result of
the company’s strategy of growing leaders with a deep
understanding of our operations, our technologies
and our customers, we had a proven leader ready to take
the company forward on March 31, 2014 – a leader with
As we look across the company,
our performance remains
solid, our strategy continues to
create value and our culture is
stronger than ever.
three decades of Raytheon leadership positions with
increasing responsibilities in many different locations
and functions.
Our strong position also owes much to the hard work and
dedication of the Raytheon team. We want to thank them
for all that they do, for continually rising to the challenges
and for upholding our mission: Customer Success.
Respectfully,
WILLIAM H. SWANSON
CHAIRMAN, MARCH 2014
THOMAS A. KENNEDY
CHIEF EXECUTIVE OFFICER, MARCH 2014
VISION STRATEGY GOALS VALUES