Market Overview

Georgia Rocketeers Win Gold


Students from Creekview High School of Canton, Ga., become fourth
consecutive U.S. team to win gold at Farnborough International Airshow

Four students from Creekview High School in Canton, Ga., competed
against the world's best rocketry teams and took first place at the
International Rocketry Challenge (IRC) at the Farnborough International
Airshow. Sponsored by The Raytheon Company, the team represented the
United States against teams from the United Kingdom, France and Japan
over two days, July 19-20.

"It still doesn't feel real," said Creekview team captain Brayden Dodge.
"It's been four years in the making to get here; working all year long,
every Friday after school to make our rocket the best it can be. Today's
result shows we did a fine job of that."

The Creekview team includes Dodge, 18; Kennedy Hugo, 17; Aiden
McChesney, 17; and Warren Teachworth, 17. As part of the IRC, teams were
required to launch a raw hen's egg to 800 feet and return it to earth
safely within 41-43 seconds. In addition to launch requirements,
competing teams were also tasked with delivering a presentation
explaining their rocket design to a distinguished panel of international
aerospace experts, which accounted for 40 percent of their total score.

Creekview High School placed first both in the presentation component
and in the rocket launch.

France's Lycee Sud Medoc School came in second, the Japanese team from
Omiya Technical High School finished third and the U.K.'s Tonbridge
School came in fourth.

"This is the most exciting thing we do at AIA, and it's because of the
amazing students who compete every year," said AIA President and CEO
Eric Fanning. "This contest encourages STEM education and shows a
pathway to joining our workforce. Congratulations to Creekview High
School – today, you've made America proud! There's little doubt that the
future of our global industry is in great hands."

This is the 13th year the Raytheon Company has proudly sponsored Team
USA, enabling them to attend an international air show. Raytheon's
support is tied closely to the company's MathMovesU® initiative that
aims to encourage students to pursue careers in science, technology,
engineering and math (STEM).

"Congratulations to all the students who participated in this
one-of-a-kind global competition," said Thomas A. Kennedy, Raytheon
Chairman and CEO. "My challenge to you is to take the problem-solving
skills you used in the International Rocketry Challenge and apply them
to spark innovative solutions throughout your studies and careers. After
all, our world needs a new generation of scientists and engineers to
discover the breakthrough ideas and technologies of the future."

The International Rocketry Challenge is the culmination of four separate
competitions held annually around the globe: the Team America Rocketry
Challenge (TARC)
sponsored by the Aerospace Industries Association (AIA)
and the National Association of Rocketry (NAR);
the United Kingdom Aerospace Youth Rocketry Challenge (UKAYRoC)
sponsored by ADS, the UK Aerospace, Defense, Security and Space
association; the French Rocketry Challenge sponsored by Groupement des
Industries Francaises Aeronautiques et Spatiales (GIFAS), the French
aerospace industries association, and Planete Sciences; and the Japanese
Rocketry Challenge, sponsored by the Society of Japanese Aerospace
Companies (SJAC) and the Japan Association of Rocketry.

Each challenge brings together teams of middle and high school students
to design, build and launch model rockets with the goal of inspiring
young minds to become engaged in STEM education and aerospace careers.

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