Published:
Raytheon Signs Mentor-Protege Program Agreement With Montana-based Firm
TUCSON, Ariz., July 2, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN)
and Sonju Industrial Inc. have signed a three-year Department of
Defense-sponsored Mentor-Protege Program agreement to work together on several
Raytheon programs.
Raytheon Missile Systems will mentor Sonju in the areas of lean
manufacturing, information technology, human resources and quality systems.
"This is an excellent opportunity for us to help Sonju become a more
valued supplier to Raytheon and the Department of Defense," said Mike Jarrett,
Raytheon Missile Systems vice president of Supply Chain Management. "This
agreement will pay benefits to our companies and our customers."
Located inKalispell, Mont., Sonju Industrial is a small business owned by
a disabled veteran. The company provides high-speed precision machining,
process coating and assembly services. Under the agreement, Raytheon and Sonju
will focus work on Standard Missile-3, Joint Standoff Weapon and the
Non-Line-of-Sight Launch System.
"We are excited to work with Raytheon and learn from this global company,"
said Richard Sonju, Sonju Industrial president. "Raytheon's expertise will
allow us to grow in many areas, particularly in sales and manufacturing
capabilities. Mentor-Protege agreements are highly coveted, and I'm very
pleased that we were selected."
The DoD-sponsored Mentor-Protege Program pairs large companies with
eligible small businesses to enhance the proteges' capabilities. The program
enables small businesses to successfully compete for larger, more complex
prime contract and subcontract awards. In 2007, Raytheon subcontracted more
than $1.8 billion of work to small and diverse businesses.
Raytheon Company, with 2007 sales of $21.3 billion, is a technology leader
specializing in defense, homeland security and other government markets
throughout the world. With a history of innovation spanning more than 86
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 inWaltham, Mass.,
Raytheon employs 72,000 people worldwide.
Contact:
John Patterson
520.794.4559
john_b_patterson@raytheon.com
SOURCE Raytheon Company
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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Tags: Aerospace and defense, High Tech, Computers and Electronics, Banking and Finance, National, montana, arizona
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