[Satnews] Raytheon Company (NYSE: RTN), in partnership with the nonprofit Student Veterans of America (SVA), is now accepting applications for the 2016 Raytheon Patriot Scholarship.

Two $10,000 scholarships will be awarded to student veterans under this educational program, which honors those who served in the U.S. Army. The first such scholarships were awarded this past May. The Raytheon Patriot Scholarship, which carries the name of the company's Patriot Air and Missile Defense System, is designed to help returning soldiers achieve educational goals that can lead to success in their civilian lives. The scholarships are awarded to Army student veterans pursuing an undergraduate or graduate degree at an accredited university. Army veterans interested in the annual Raytheon Patriot Scholarship can apply on the Student Veterans of America website. The application process will remain open until April 4, 2016.

Raytheon and SVA joined forces in November, 2012, with a shared mission: to provide military veterans the resources, support and advocacy needed to succeed in higher education. Such empowerment helps our nation's veterans find success in their post-service lives, and helps to develop a generation of professionals who already understand the importance of leadership, discipline and perseverance.

The Raytheon Patriot Scholarship is the latest in a series of scholarship initiatives launched by Raytheon and SVA.

Executive Comment

"The Raytheon Patriot Scholarship is our way of honoring Army student veterans for their service, by helping them make a successful transition from active military service to civilian life," said Ralph Acaba, vice president of Integrated Air and Missile Defense for Raytheon Integrated Defense Systems.