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4-Traders Homepage  >  Equities  >  Nyse  >  Raytheon Company    RTN

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Raytheon : Applications now open for 2017 Raytheon No Barriers expedition for wounded veterans

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03/27/2017 | 11:01pm CEST

TUCSON, Ariz., March 27, 2017 /PRNewswire/ -- Wounded veterans in Arizona, Southern California, New Mexico and Texas can now apply for the 2017 No Barriers Warriors Veteran Wilderness Expedition funded by Raytheon Company (NYSE: RTN). In mid-August, the non-profit No Barriers Warriors organization will lead a team of 12 wounded veterans on a nine-day journey full of discoveries and challenges in Wyoming's Wind River Wilderness area. Wounded veterans from all branches of the military and all eras of service are eligible to apply.

To be considered for this year's expedition, wounded veterans should apply by May 1, 2017, through the No Barriers Warriors website. Once selected, team members must train for the journey and commit to a nine-day trek through the Wind River Wilderness area. Raytheon will track the team's progress by providing daily updates on the Raytheon website. Participants pay nothing for the expedition; Raytheon underwrites the entire trip.

"These men and women have sacrificed so much for our nation in the name of freedom," said Raytheon Missile Systems President Dr. Taylor W. Lawrence. "By teaming with No Barriers Warriors, we are giving back to wounded veterans by providing them a life-changing experience."

Through physically challenging activities such as hiking and mountain climbing, wounded veterans learn how to face their fears and overcome obstacles, while bonding with fellow warriors. This is the fourth year that Raytheon and No Barriers Warriors have teamed for a Veteran Wilderness Expedition. Previous journeys took teams to the Rocky Mountains and the Grand Canyon.

"At No Barriers, we believe that what's within you is stronger than what's in your way," said Erik Weihenmayer, No Barriers USA founder. "In partnership with Raytheon, we are forever changing the lives of wounded warriors so they can truly live a No Barriers lifestyle."

About No Barriers Warriors

No Barriers Warriors, a program of No Barriers USA, improves the lives of veterans with disabilities through curriculum-based experiences in challenging environments. Our experiences serve as both an opportunity for growth and catalyst for change as these brave men and women stretch physical and emotional boundaries, foster camaraderie, pioneer through adversity and step up and serve others.

Through experiences that are one part adventure, one part curriculum, and one part physical challenge, we show veterans that what's within them is stronger than what's in front of them.

The mission of No Barriers USA is to unleash the potential of the human spirit. Through transformative experiences, tools and inspiration, No Barriers helps people embark on a quest to overcome obstacles, live a full life and contribute their absolute best to the world.

About Raytheon

Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5I((TM)) products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Massachusetts. Follow us on Twitter.

Media Contacts
Tara Wood
Raytheon
+1.520.746-2097
rmspr@raytheon.com

Jaime Donnelly
No Barriers USA
+1.970.484.363, ext. 3163
jaime.donnelly@nobarriersusa.org

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/applications-now-open-for-2017-raytheon-no-barriers-expedition-for-wounded-veterans-300429873.html

SOURCE Raytheon Company

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Financials ($)
Sales 2017 25 080 M
EBIT 2017 3 328 M
Net income 2017 2 169 M
Debt 2017 1 748 M
Yield 2017 2,06%
P/E ratio 2017 20,39
P/E ratio 2018 18,14
EV / Sales 2017 1,83x
EV / Sales 2018 1,75x
Capitalization 44 269 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 169 $
Spread / Average Target 12%
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Managers
NameTitle
Thomas A. Kennedy Chairman & Chief Executive Officer
Anthony F. O'Brien Chief Financial Officer & Vice President
Mark E. Russell VP-Engineering, Technology & Mission Assurance
Michael C. Ruettgers Independent Director
William R. Spivey Independent Director
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