PPT Slide
Forward-Looking Information Is Subject to Risk and Uncertainty
Certain statements in this release contain ìforward-lookingî information that involves risk and uncertainty, including projections for deliveries, launches, new business and business opportunities, current and future markets for the companyís products, sales, revenues, operating margins, earnings, cash, disposition of certain company businesses, performance against key metrics of the companyís value scorecard, inventory turns, facilities consolidation, overhead reduction, supplier base reduction, and other trend projections. This forward-looking information is based upon a number of assumptions including assumptions regarding demand; internal performance; customer financing; supplier and subcontractor performance; customer model selections; government policies and actions; price escalation; successful negotiation of contracts with the companyís labor unions and favorable outcomes of certain pending sales campaigns, supplier contract negotiations and asset dispositions. Actual future results and trends may differ materially depending on a variety of factors, including the companyís successful execution of internal performance plans including research and development, production recovery, production rate increases and decreases, production system initiatives, asset management plans, procurement plans, other cost-reduction efforts, and Y2K readiness plans; the cyclical nature of the companyís business, volatility of the market for certain products, continued integration of McDonnell Douglas Corporation; product performance risks associated with regulatory certifications of the companyís commercial aircraft by the U.S. Government and foreign governments; other regulatory uncertainties; collective bargaining labor disputes; performance issues with key suppliers, subcontractors and customers; customer model selections; governmental export and import policies; factors that result in significant and prolonged disruption to air travel worldwide; global trade policies; worldwide political stability and economic conditions, particularly in Asia; real estate market fluctuations in areas where company facilities are located; price escalation trends; changing priorities or reductions in the U.S. Government or foreign government defense and space budgets; termination of government contracts due to unilateral government action or failure to perform; and legal proceedings. Additional information regarding these factors is contained in the companyís Annual Report on Form 10-K for the year ended 1998 and Form 10-Q for the quarterly period ended September 30, 1999.