Raytheon Company has established the Raytheon – Zumwalt Scholarship, in honor of Admiral Elmo R. "Bud" Zumwalt, Jr., Chief of Naval Operations (1970 – 1974), and the next-generation multimission destroyer, the DDG 1000 class, which aptly bears the Zumwalt name.
Established through the Anchor Scholarship Foundation, Raytheon has funded a $125,000 endowment to support an ongoing program to provide annual scholarships to students pursuing a four-year degree in a STEM (Science, Technology, Engineering, and Math) related field.
Candidates must be either a dependent child or a spouse of a U.S. Navy Surface Force service member - officer or enlisted; active duty or retired. The recipient will receive a $20,000 scholarship ($5000/year in pursuit of a 4 year degree) provided eligibility requirements are met each year (degree focus, sustained 3.0 GPA, etc.).
"The Raytheon-Zumwalt Scholarship is a fitting testament to an innovative leader and his namesake ship-class, both contributing to a transformation for the U.S. Navy," said Raytheon's Kevin Peppe, vice president of Integrated Defense Systems' Seapower Capability Systems business area. "With this scholarship, our goal is to support our extended Navy family and the educational pursuits of our next generation of technologists, engineers and scientists – future innovators who exemplify Zumwalt's legacy."
Raytheon inform that in July 1970, Zumwalt was appointed Chief of Naval Operations and became the youngest four-star admiral in American history. In that position he instituted a wide range of reforms to revitalize the Navy.1 At the Pentagon, he became famous for his "Z-grams," directives for implementing reforms in living conditions, terms of leave, and the dress code.