Saturday, May 9, 2015

Slow Saturday Special: Things Adding Up at Raytheon

Catching me on the rebound....

See if you can do the math:

"Students make it to ‘Super Bowl of adolescent math’; Middle school math tourney comes to city, and Mass. kids are stars" by Billy Baker Globe Staff  May 09, 2015

Super Bowl?

The spotlight was circling. The ESPN cameras were rolling. And when they were announced, the four of them ran in to the screaming cheers of the hall like the John, Paul, George, and Ringo of Massachusetts middle school math.

In the world of mathletes, Massachusetts has long been a rock star, and this year’s foursome looked like strong contenders for the national championship Friday as they headed into the finals of the Raytheon Mathcounts National Competition, the Super Bowl of adolescent math.

And, for the first time in the history of the competition, the Massachusetts contingent had home field advantage. This year’s finals were held at the Sheraton Boston on Friday.

But as the Fab Four trotted into the hall....

So which one of them cheats?

--more--"

You don't even have to go to school, kids:

"Ex-Raytheon chief knows the value of community colleges" by Shirley Leung Globe Columnist  May 08, 2015

Bill Swanson, the former chairman and chief executive of Raytheon, did not go to Harvard or MIT.

In fact, if he had stuck to his original plan he would not have gone to college at all.

“I was going to play golf professionally,” he recalled.

Golf again!

But his golf coach sensed that Swanson could do more than spend his life trying to make birdies and got him a scholarship to the local community college in San Luis Obispo, Calif.

After two years at Cuesta College, from which he graduated at the top of the class, Swanson went on to California Polytechnic State University to earn a bachelor’s degree in engineering. His first job was on the factory floor at Raytheon, where he would stay for the next four decades, rising to the corner office.

A true blue-collar $ucce$$ story.

In his last year at the Waltham-based defense giant, Swanson took home $22 million, making him one of the most handsomely paid CEOs in the state. That fact alone could form a marketing campaign for community colleges everywhere.

Not anymore, and that's all that is important, huh, kids? You dumb Occupy's were out of touch. Mama Leung says so.

But the story of Swanson and his community college roots do not end there. It’s actually just the beginning. Three years ago, Swanson helped launch a program at Bunker Hill Community College in Charlestown, where students get paid internships at local companies such as BJ’s Wholesale Club, EMC, and Raytheon.

The “Learn and Earn” program started modestly with 20 students at five companies, and today it has grown to nearly 400 students placed at 15 employers. The American Association of Community Colleges recently named it the best college-corporate partnership of the year, out of the nearly 1,200 institutions the group represents.

She's $hilling for the elite!

What’s the big deal here? Plenty of colleges get kids internships at marquee companies, but those kinds of opportunities are far and few between for those at community colleges.... 

I'm going to take the opportunity to dump this public relations fellatio.

--more--"

They got a couple of kids working at State Street Corp., processing cash, settling accounts after trades, working the securities division. Good old State Street. Now we know whom to blame for getting it wrong. Damn kids.

Related:

"Raytheon Co., the Waltham-based defense contractor, has won a $77 million contract to improve the Federal Aviation Administration’s weather-tracking system. With it, advanced algorithms will give air traffic specialists more reliable predictions earlier and help them make efficient routing decisions, said Michael Espinola, managing director of Raytheon Air Traffic Solutions. Raytheon does a lot of business with the FAA, including technical contracts and training programs for thousands of air traffic controllers every year, according to its website. In late 2014, the FAA signed a $350 million deal to revamp air traffic control systems."

Just add it onto the $40 billion -- yeah, that's BILLION with a B -- already spent on the contract

What's it add up to now? 

So do you kids thing I'm Yelping too much about the constant framing of i$$ues in the pre$$ with war terminology

What's the bottom line?