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Raytheon Technologies pledge $500 million for 'Social Impact Initiative'

Part of that commitment is already in effect in Huntsville to build the Alabama School of Cyber Technology and Engineering.

HUNTSVILLE, Ala. — One tech company is making a multi-million dollar pledge and Huntsville is reaping the benefits.

Raytheon Technologies announced that its group 'Connect Up' will commit $500 million dollars over a ten year period company wide.

This includes a boost to STEM education and career development.

Part of that commitment is already in affect in Huntsville. Raytheon awarded $4 million to build the Alabama School of Cyber Technology and Engineering on Research Park last September.

"We have found that to be a great way to obviously help these students, but also hopefully they'll go to college and maybe come work for us some day," says , Raytheon Missiles and Defense, Corporate Social Responsibility Lead, Samantha Sullivan.

The campus should be completed by next year.

Here's some additional information on the initiative:

To meet the pressing needs of communities, today and into the future, Connect Up combines philanthropic capital, public/private partnership and employee volunteerism to support underserved communities by:

  • Advancing lifelong learning, with a focus on providing access to STEM education to underrepresented communities -- particularly communities of color -- by partnering with groups like National Academy Foundation, SMASH and Girls Who Code.
  • Honoring public service by helping military personnel and their families advance education goals and supporting post-service transition to the civilian workforce with key partners including Student Veterans of America, American Corporate Partners and The Mission Continues.
  • Driving local community impact with organizations such as Feeding America and Boys & Girls Clubs of America that address social welfare to create a more equitable future.

In addition to philanthropy, employee volunteerism is central to the mission of Connect Up, and the company today launched an enterprise-wide employee volunteer initiative to provide opportunities for employees to connect with and give back to their communities. Raytheon Technologies will challenge the company's 180,000 global employees to unlock the power of connections through 1 million acts of service in 2021, starting with the launch of its first-ever Global Month of Service in April.

For more information on Raytheon Technologies' social impact initiatives and to stay updated on programs and investments, please visit us at RTX.com/social-impact