Boeing

CHICAGO, August 10, 2010 — Boeing extends its deepest condolences to the families, friends and colleagues of former Senator Ted Stevens and others who lost their lives in the August 9 crash of a single-engine plane in Alaska. We wish the survivors of the accident a full recovery.

We remember Sen. Stevens as a patriot who dedicated himself to public service and who made a real difference to the U.S. military and the lives of countless people. He was a great friend to the men and women of the armed forces, and he used his power in the Senate to fight tirelessly for them. Over the course of his six-decade career in U.S. government, Sen. Stevens was a strong advocate for his constituents and put the good of his nation above politics.

Our thoughts are with Sen. Stevens’ loved ones, with the families of the others who perished, and with the survivors of Monday’s tragic accident.

LONG BEACH, Calif., Aug. 2, 2010 — The Boeing Company [NYSE: BA] today announced it will relocate the C-130 Avionics Modernization Program (AMP) and B-1 Program from Long Beach to Oklahoma City. The move will begin with C-130 AMP starting in the first quarter of 2011 and conclude by the end of 2012 with the move of the B-1 Program.

Both programs are part of the Maintenance, Modifications & Upgrades (MM&U) division of the Global Services & Support (GS&S) business unit of Boeing Defense, Space & Security. The programs now employ approximately 800 people in Southern California. About 550 positions will be relocated to Oklahoma City. The remaining positions will be reduced from the programs over the next two years as contracts are fulfilled.

MM&U Vice President and General Manager Mark Bass said relocating the programs will help Boeing provide a more competitive cost structure for customers.

“Making a decision like this is never easy, but as we reviewed our anticipated operating costs for the next several years, it became clear that Boeing needs to take major actions on these programs in order to remain affordable for our customers,” Bass said. “We remain committed to maintaining the excellent record of performance that our employees deliver for our U.S. Air Force B-1 and C-130 AMP customers during this transition.”

During the move, some employees will be relocated, while other positions will be posted and hired locally in Oklahoma City. Company managers are determining which employees will be offered relocation to Oklahoma City. Boeing will provide assistance for workers who do not make the transition, including help in searching for other potential positions within the company.
“We will communicate openly and often with our employees throughout this process,” Bass said.

C-130 AMP brings commonality to the C-130 fleet by offering flexibility in assigning aircrew, regardless of the model design type, and reducing aircraft operating costs while addressing obsolescence and providing for future capability growth. The program recently was approved by the Air Force for low-rate initial production.

The Boeing B-1 Program is modernizing the B-1 Lancer bomber to further enhance its conventional munitions capability. Multiple upgrades are being tested this year to improve the bomber’s capabilities.

ST. LOUIS, July 29, 2010 — A U.S. Air Force C-17 Globemaster III airlifter crashed on the evening of July 28 at Joint Base Elmendorf-Richardson, Alaska. Four crewmembers are reported to have been killed in the crash. The Boeing Company today released the following statement:

“Our thoughts and prayers are with the families and friends of the four crewmembers who were lost aboard the Pacific Air Forces C-17 that crashed at Joint Base Elmendorf-Richardson, Alaska, last night. Boeing stands ready to provide technical assistance to the U.S. Air Force with the investigation into this tragedy.”

ST. LOUIS, July 29, 2010 — Boeing today announced it has completed its acquisition of Narus, a leading provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.

Narus, headquartered in Sunnyvale, Calif., will operate within Boeing’s Network & Space Systems business as a wholly owned subsidiary.
Terms of the transaction, announced on July 7, are not being disclosed.
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.

FARNBOROUGH, United Kingdom, July 22 /PRNewswire-FirstCall/ — Boeing (NYSE: BA) and Azerbaijan Airlines have signed an agreement to substitute two Next-Generation 737 airplanes for one 767-300ER (extended range) and two 767 Freighters, a new model type for the Baku, Azerbaijan-based airline. The substitution has been updated on Boeing’s Orders and Deliveries website.

“With our centralized geographic location, Azerbaijan is becoming a busy hub in the region between east and west and north and south,” said Jahangir Askerov, president of Azerbaijan Airlines. “We are capitalizing on this development by expanding our long-haul passenger fleet and growing our cargo business with the proven efficiencies of the 767 Freighter.”
Including today’s announcement, Azerbaijan Airlines has a total of eight Boeing airplanes on order: two 767-300ERs, two 767 Freighters, two Next-Generation 737s and two 787-8s.

“With the economic recovery gaining momentum at various speeds around the world, our customers are making changes to their fleets to accommodate the upturn,” said Marlin Dailey, vice president of Sales, Boeing Commercial Airplanes. “We have worked with Azerbaijan Airlines to make changes to its order book that meet its needs.”
The Boeing 767 family is a complete family of clean, quiet, fuel-efficient airplanes that provide maximum market versatility in the 200- to 300-seat market. The Boeing 767 family includes three passenger models — the 767-200ER, 767-300ER and 767-400ER — and a medium-widebody freighter, which is based on the 767-300ER fuselage.

SEATTLE, July 22 /PRNewswire-FirstCall/ — Boeing (NYSE: BA) and Alaska Airlines today announced the carrier has exercised options for two additional Next-Generation 737-800s.
Valued at approximately $153 million at list prices, the Alaska order was posted to Boeing’s Orders and Deliveries website in June and attributed to an unidentified customer.

“Alaska Airlines continues to execute a successful and strategic vision based on its expansive fleet of efficient and reliable Next-Generation 737s,” said Marlin Dailey, vice president of Sales for Boeing Commercial Airplanes. “Alaska celebrated its transition to a single fleet in 2008 and with these additional orders, is truly reaping the benefits represented by its slogan, ‘Proudly all-Boeing.’

“Through its close partnership with Boeing, and working with the U.S. Federal Aviation Administration, Alaska Airlines is also expanding the use of advanced navigational and flight guidance procedures that leverage the superior performance capabilities of the Next-Generation 737. These procedures reduce flight times and congestion and result in lower fuel consumption and emissions into the environment,” Dailey said.
“Our financial performance has been strong, and expanding our fleet with these two new 737-800s will not only help us fly more efficiently but also launch new service for our customers, provide positive returns for investors and ultimately, bring some of our furloughed employees back to work,” said Alaska Airlines’ President Brad Tilden.

Including today’s order, Alaska will take delivery of 13 Next-Generation 737s over the next several years. Alaska Airlines has 116 737s in its fleet, including 55 737-800s.

Operating a highly efficient and flexible all-Boeing 737 fleet, Alaska Airlines has established an enviable track record of operational and financial performance. The reliability and flexibility of its 737 fleet has enabled the airline to grow throughout the highly competitive North America market.

The Boeing 737-800 is the best-selling version of the successful Next-Generation 737 family. Known for its reliability, fuel efficiency and economical performance, the 737-800 is selected by leading carriers throughout the world because it provides operators the flexibility to serve a wide range of markets.

To date, more than 125 customers have placed orders for more than 5,400 Next-Generation 737s. Unfilled orders for the Next-Generation 737 exceed 2,000 airplanes, valued at more than $150 billion at average list prices.