Raytheon Technologies invests in new transformational STEM high school

Rhea-AI Summary

Raytheon Technologies (NYSE: RTX) announced a $4 million grant to the Alabama School of Cyber Technology and Engineering (ASCTE) to enhance cybersecurity and engineering education. Located in Huntsville, ASCTE is Alabama's first public residential high school focused on these fields, offering free tuition and housing. The school's mission is to combat the shortage of cybersecurity talent, requiring a 145% workforce increase. The facility will open in August 2022, aiming to accommodate over 350 students by 2024, bolstered by local land donations and private sector support.

Positive

• Investment of $4 million enhances educational opportunities in cybersecurity and engineering.
• Free tuition and housing attract students to high-demand STEM fields.
• Partnership helps address the critical shortage of cybersecurity professionals.

Negative

• None.

HUNTSVILLE, Ala., Aug. 18, 2020 /PRNewswire/ -- Raytheon Technologies (NYSE: RTX) gave a $4 million grant to the newly formed Alabama School of Cyber Technology and Engineering (ASCTE) to help prepare students for cybersecurity careers in government and industry.

"The school offers an incredible opportunity for students to learn from leaders in STEM education, as well as subject matter experts within industry like those from Raytheon Technologies," said Matt Massey, ASCTE President. "This initiative is exciting for the entire state of Alabama with even further-reaching impact."

ASCTE is Alabama's only fully public, residential high school for students from across the state's 137 school districts seeking advanced studies in engineering and cyber technology. Tuition and housing for ASCTE are free.

"Alabama students now have the opportunity to access one of the most advanced engineering and cybersecurity preparatory programs anywhere," said Roy Azevedo, president of Raytheon Intelligence & Space, which includes the company's cyber business. "Raytheon Technologies' partnership with ASCTE, Huntsville and the state of Alabama will help our nation meet the demand for a future cyber and engineering workforce, while providing students with the education and skills they need to thrive in these careers."

The curriculum at ASCTE will address America's shortage of qualified cybersecurity and engineering development talent. According to a 2019 (ISC)² Cybersecurity Workforce Study, the current cybersecurity workforce needs to grow by 145 percent to meet global demand.

"Advanced cybersecurity capabilities are critical to our national defense today and in the future," said Wes Kremer, president of Raytheon Missiles & Defense. "Through collaborative partnerships like ASCTE, we will grow our capacity in cyberspace to ensure its security for generations to come." 

The City of Huntsville has donated 25 acres of land in Cummings Research Park for construction of the school's campus. The permanent facility will open in August 2022, but an interim site at Oakwood University opened its doors on August 17^th to ASCTE's first cohort of 75 students. The school expects to grow to over 350 students by 2024. 

"Leadership from the private sector will play a big part in maximizing the potential of the Alabama School of Cyber Technology and Engineering," said Alabama Gov. Kay Ivey, who sponsored state legislation passed in 2018 to establish ASCTE. "All of us involved in creating this unique school thank Raytheon Technologies for its generous donation and its leaders for their pledge of ongoing support."

Raytheon Technologies invests millions of dollars in STEM education programs around the world every year to develop future technology leaders and give back to local communities. These programs include:

• Support of FIRST, a mentor-based global robotics competition
• Sponsorship of 22 Boys & Girls Clubs of America STEM Centers of Innovation in military-focused communities
• Partnership with NAF to establish engineering academies in under-resourced public high schools across the U.S.
• Support of Girls Who Code to expand free after school clubs that teach coding, confidence and comradery to 3^rd – 12^th grade girls
• Title sponsorships of National Collegiate Cyber Defense and MATHCOUNTS national competitions

About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With 195,000 employees and four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

Raytheon Technologies
870 Winter Street
Waltham, MA 02451
USA

Media Contacts
Ryan Elliott
C: +1 469.933.8913
Ryan.w.elliott@rtx.com

Briana Gabrys
C: +1 520.354.0871
Briana.Biondo@rtx.com  

 

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SOURCE Raytheon Technologies

FAQ

What is the significance of Raytheon Technologies' $4 million grant to ASCTE?

The grant supports advanced education in cybersecurity and engineering, aiming to prepare students for high-demand careers.

When is the permanent facility for ASCTE expected to open?

The permanent facility is set to open in August 2022.

What is the current student enrollment at ASCTE?

ASCTE opened with 75 students and expects to grow to over 350 by 2024.

How does ASCTE aim to address cybersecurity workforce shortages?

ASCTE's curriculum is designed to prepare students amid a 145% projected workforce growth needed in the cybersecurity sector.

Where is the ASCTE campus located?

The campus is located in Huntsville, Alabama, on a 25-acre land donated by the city.