Boeing

– Interim solution verified through extensive testing
– Schedule assessment expected to conclude in January

EVERETT, Wash., Dec. 23, 2010 — Boeing will resume flight test activities on the 787 Dreamliner later today. The company has installed an interim version of updated power distribution system software and conducted a rigorous set of reviews to confirm the flight readiness of ZA004, the first of the six flight test airplanes that will return to flight.

“Initially, we will resume a series of Boeing tests that remain to be completed in the flight test program. That testing will be followed later by a resumption of certification testing,” said Scott Fancher, vice president and general manager of the 787 program. Today’s testing will include an intentional deployment of the Ram Air Turbine (RAT), which is a small turbine that is deployed when back-up power is required.

Boeing and Hamilton Sundstrand completed testing of the interim software updates earlier this week. Verification of the system included laboratory testing of standalone components, integration testing with other systems, flight simulator testing and ground-based testing on a flight test airplane.

In the last several weeks, the company continued ground testing as part of the certification program. Additional ground testing will be done by the company on the production version of the airplane to further verify performance of the changes being made.

“As we return to flight test and determine the pace of that activity, we remain focused on developing a new program schedule,” Fancher added. “We expect to complete our assessment of the program schedule in January.”

Flight testing of the 787 was suspended last month following an in-flight electrical incident on a test flight in Laredo, Texas.

ST. LOUIS, Dec. 22, 2010 — The Boeing Company today announced it has received a contract from the U.S. Air Force to deliver C-17 training devices to three sites. The contract value is $44 million initially and up to $72 million if two options are exercised.

The first set of devices is an Integrated Training Center (ITC) to be delivered to Wright-Patterson Air Force Base, Ohio, in the first quarter of 2012. The ITC will consist of a weapon systems trainer, pilot and co-pilot station, loadmaster station and related courseware and support equipment. A second weapon systems trainer will be installed at McChord Air Force Base, Wash., in the third quarter of 2012 and a third ITC will go to a new C-17 training site in early 2013.

“Wright-Patterson is set to receive its first of eight C-17s next year and McChord has 54,” said Mark McGraw, Boeing vice president for Training Systems & Services. “We are proud to add to the Air Force’s training capability and support warfighter readiness with these new devices.”

The ITCs support pilot and co-pilot instruction in flight operations, mission planning and emergency procedures through computer-based training, advanced aircraft simulation and other desktop training devices. C-17 loadmasters also receive computer-based and aircraft training in addition to training on the loadmaster station, cargo loading models and cargo compartment trainer. Additionally, maintenance personnel can use the ITCs for training on engine run procedures.

SEATTLE, Dec. 21, 2010 / — Boeing announced today the completion of the acquisition of the business and operations conducted by Summit Aeronautics Group in Helena, Montana. Terms of the transaction, announced on Nov. 22, were not disclosed.

The newly acquired business will be named Boeing Helena. It will become part of Boeing Fabrication, a division of Boeing Commercial Airplanes. Boeing Helena will manufacture titanium and other hard-metal structures for Boeing commercial aircraft including the 747-8, 767 and 787.

Forward-Looking Information Is Subject to Risk and Uncertainty
Certain statements in this release may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “expects,” “plans,” “intends,” “projects,” “believes,” “estimates,” “targets,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements regarding the proposed acquisition of Summit include, but are not limited to, statements regarding the expected timetable for completing the transaction, future business prospects, our guidance relating to 2010 and 2011 financial and operating performance, product development and benefits and synergies of the transaction, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based upon assumptions about future events that may not prove to be accurate. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak to events only as of the date they are made and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, the effect of economic conditions in the United States and globally, the ability of the parties to satisfy the transaction conditions and complete the acquisition, the risk that competing offers will be made, our ability to successfully integrate Summit’s business and realize anticipated synergies, and other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission.

SEATTLE, Dec. 20, 2010 — Boeing delivered a Next-Generation 737-800 to Air Austral, as part of the airline’s modernization plan for its medium-haul fleet. The airplane is the first of two the airline ordered to replace one 737-300 and one 737-500 in its fleet. The new airplane continues the Boeing-Air Austral relationship that began 20 years ago with the 737 Classic. The delivery ceremony was attended by Gerard Etheve, president of the directory and chief executive officer of Air Austral. The airline is headquartered in St. Denis, Reunion, a French Department island located east of Madagascar in the Indian Ocean.

EL SEGUNDO, Calif., Dec. 20, 2010 — Boeing today announced that it has received a contract for approximately $1 billion from the government of Mexico to deliver an end-to-end satellite communications system. The system, known as MEXSAT, will consist of three satellites, two ground sites, associated network operations systems and reference user terminals. MEXSAT will provide secure communications for Mexico’s national security needs, as well as enhanced coverage for the country’s civil telecommunications.

“MEXSAT is the fourth generation of satellites Boeing has provided to Mexico for government and civilian satellite communications,” said Craig Cooning, chief executive officer of Boeing Satellite Systems International. “MEXSAT builds on Boeing’s 13 years of experience in designing and delivering advanced geomobile systems.”

Under the contract, Boeing will deliver a complete turnkey satellite system comprised of Boeing 702HP geomobile satellites MEXSAT-1 and MEXSAT-2 and one extended C- and Ku-band satellite, MEXSAT-3, which will provide fixed satellite services from geosynchronous orbit. MEXSAT-3 is scheduled to launch first, at the end of 2012.

Each Boeing 702HP satellite will supply 14 kilowatts of power through five-panel solar array wings that use high-efficiency, ultra triple-junction gallium arsenide solar cells. Both satellites will carry a 22-meter L-band reflector for mobile satellite services, complemented by a 2-meter Ku-band antenna.

Boeing will procure MEXSAT-3 and a spacecraft operations center from its supplier partner Orbital Sciences Corporation [NYSE: ORB]. MEXSAT-3, an Orbital Star 2.4 satellite, will provide full coverage of Mexico and its patrimonial seas and relay civil communications for socioeconomic development.

Boeing also will develop two ground sites in Mexico with advanced beam-forming flexibility to direct mobile user spot beams to government agencies operating in Mexico and its patrimonial seas, including the Pacific Ocean and Gulf of Mexico.

Boeing has previously provided five satellites that serve Mexico, beginning with Morelos 1 and Morelos 2, both launched in 1985; the Solidaridad 1 and Solidaridad 2 satellites, launched in 1993 and 1994; and Satmex 5, which was launched in 1998. Solidaridad 2, which has exceeded its contract life, is still in service, and Satmex 5 is expected to end its service life in 2012.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world’s largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.

LONG BEACH, Calif., Dec. 20, 2010 — The worldwide fleet of C-17 Globemaster III airlifters built by The Boeing Company [NYSE: BA] surpassed 2 million flying hours during an airdrop mission over Afghanistan on Dec. 10. Reaching 2 million flight hours equates to 1.13 billion nautical miles – the equivalent of a C-17 flying to the moon and back 2,360 times.
The representative mission, flown by a U.S. Air Force C-17, airdropped 74,000 pounds of jet fuel in support of U.S. and coalition troops just south of Kabul.

The C-17 has a mission readiness rate of more than 85 percent. It is the world’s only strategic airlifter with tactical capabilities that allow it to fly between continents, land on short, austere runways, and airdrop supplies precisely where they are needed.

“There’s tremendous satisfaction in knowing that in those 2 million hours, the C-17 fleet has saved countless lives around the world,” said Bob Ciesla, Boeing C-17 program manager. “Boeing congratulates the U.S. Air Force and our international C-17 customers on reaching this milestone. We’re very proud that the C-17 continues to exceed expectations for performance and reliability.”

The C-17 fleet, now in its 17th year of service, has supported humanitarian and disaster-relief missions worldwide. With 226 airlifters in service around the world, the C-17 fleet continues to operate at an accelerated rate due to the recent troop surge in Afghanistan, reaching the 2 million flight-hours milestone less than five years after reaching 1 million flight hours in March 2006, when 152 C-17s were in service. This year, lifesaving aeromedical evacuations of wounded troops from Afghanistan and Iraq, along with relief missions for natural disasters such as earthquakes in Pakistan, Chile and Haiti, have intensified the C-17’s normal workload.

Boeing helps keep the C-17 flying through a worldwide support and sustainment program. “Boeing has had the honor of supporting the entire C-17 fleet since the delivery of the first aircraft to Charleston Air Force Base in 1993,” said Gus Urzua, program manager for the Boeing C-17 Globemaster III Sustainment Partnership. “Through innovative Performance-Based Logistics contracting and partnering with the Air Force, we have maintained the highest level of aircraft readiness while continuously reducing the cost of ownership.”

While providing relief to Haiti in January and February, C-17s delivered nearly 14,000 short tons of cargo and transported some 25,000 passengers and 280 patients. C-17s also played a key role in a record year for airdrops in support of Operation Enduring Freedom in Afghanistan. As of Oct. 31, C-17s and other airlifters have airdropped more than 45 million pounds of cargo to troops in remote locations.

Boeing has delivered 20 C-17s to international customers. The U.S. Air Force — including active duty, National Guard, and Air Force Reserve units — has taken delivery of 206. Other customers include the U.K. Royal Air Force, the Canadian Forces, the Royal Australian Air Force, the United Arab Emirates Air Force, the Qatar Emiri Air Force, and the 12-member Strategic Airlift Capability initiative of NATO and Partnership for Peace nations. India is expected to be the next C-17 customer.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world’s largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide. Follow us on Twitter: @BoeingDefense.

SEATTLE, Dec. 20, 2010 — Boeing ( today announced its production rate for the 777 program will increase to 8.3 airplanes per month in the first quarter 2013. This is the second production increase announced for the program this year. In March the program announced it would increase production from five to seven airplanes per month beginning in mid-2011.
“In response to strong customer demand globally, we are increasing our yearly production to 100 777s,” said Boeing Commercial Airplanes President and CEO Jim Albaugh. “The 777 is the twin-aisle market leader because of its superior operating economics, unmatched range and preference among travelers’ needs.”

The 777 has a large installed operator base, and a track record of proven performance including 1,163 orders, 907 deliveries and a backlog of more than 250 airplanes. Suppliers are prepared to support the rate increase.
Watch a video on what customers have to say about the 777 airplane: http://bit.ly/elmgWE.

The current production rate decision is not expected to have a material impact on 2010 financial results.

Forward-Looking Statements
Certain statements in this report may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “targets,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Forward-looking statements are based upon assumptions about future events that may not prove to be accurate. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak to events only as of the date they are made and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, statements we make regarding our guidance relating to future financial and operating performance, the effect of economic conditions in the United States and globally, and general industry conditions as they may impact us or our customers, as well as the other important factors disclosed previously and from time to time in our other filings with the Securities and Exchange Commission.

SEATTLE, Dec. 17, 2010 — Boeing and Fujitsu have established a strategic alliance in which the companies will develop a service to enable greater efficiency in aircraft maintenance operations. The partnership will employ unique tools such as Radio Frequency Identification Devices (RFID) and Contact Memory Buttons (CMB) to allow customers to use these technologies without needing to retrofit their own fleets. Airlines can reduce costs by reducing inventory and manual data entry errors without having to create new processes.

Under the new alliance, Fujitsu will provide Boeing with a globally-shared platform that includes automated identification technology devices, device readers, software applications and a system integration and deployment service. Boeing will tailor solutions for each customer’s needs, integrate those solutions into the customer’s operational environment and establish a long-range plan that will expand automated identification technology solutions across the customer’s enterprise. Boeing plans to launch this service (with a formal name) for airlines in the first quarter of 2012. The service will be available for Boeing and non-Boeing fleets and will be rapidly adaptable to any customer.

“We have been working with Boeing for more than five years to promote RFID implementation in the aviation industry and we are very excited to start this project jointly,” said Mitsutoshi Hirono, corporate vice president Fujitsu Limited.

The Boeing Transformation Service will enable customers to better manage aircraft components, equipment and materials by retrofitting them with automated identification technology devices, allowing automated data management and highly visible supply chain related maintenance processes. Prior to the launch of the new service in early 2012, the service will undergo three phases of beta testing through deployment with a launch customer.

“Our customers have told us they need these types of innovative solutions to improve operational efficiency,” said Per Noren, vice president, Boeing Commercial Aviation Services, Information Services. “We see an opportunity for the aviation industry that surpasses past expectations in establishing this partnership with Fujitsu.”

SEATTLE, Dec. 14, 2010 /PRNewswire/ — Boeing (NYSE: BA) and Hannover, Germany-based TUIfly last week celebrated the delivery of the airline’s first Next-Generation 737-800 with the all-new Boeing Sky Interior.

TUIfly, which offers scheduled flights and charter services from cities in Germany to destinations in Europe and Northern Africa, has scheduled this airplane’s first passenger flight on Dec. 15 from Hannover, Germany, to Las Palmas on the Canary Islands.
The 737 Boeing Sky Interior features new, modern-sculpted sidewalls and window reveals, larger stow bins and more headroom around the aisle seats. Other features include a quieter cabin, intuitive placement of switches and call buttons, improved sound quality and different interior lighting schemes. Boeing designed this series of enhancements to improve the overall travel experience for passengers, making the cabin more spacious and comfortable.

Go on board the TUIfly 737-800 for a video tour of the Boeing Sky Interior presented by one of TUIfly’s flight attendants. The video is available in English: http://www.twitvid.com/4YR9L and in German: http://twitvid.com/5MINX.

A total of 60 airlines and leasing companies have ordered the 737 Boeing Sky Interior for more than 1,400 airplanes.

SEATTLE, Dec. 10, 2010 — Boeing (NYSE: BA) and Norwegian Air Shuttle, which operates commercially as Norwegian, yesterday celebrated the delivery of the airline’s first Next-Generation 737-800 with the new Boeing Sky Interior. Norwegian has scheduled this airplane’s inaugural flight almost immediately following its delivery in mid-December.

Norwegian, based in Oslo, is the second-largest airline in Scandinavia and has a route portfolio that spans across Europe into North Africa and the Middle East.
The 737 Boeing Sky Interior features new, modern-sculpted sidewalls and window reveals, larger stow bins and more headroom around the aisle seats. Other features include a quieter cabin, intuitive placement of switches and call buttons, improved sound quality and different interior lighting schemes.

To date, a total of 60 airlines and leasing companies have ordered the 737 Boeing Sky Interior for more than 1,400 airplanes.