Boeing Reports Second-Quarter 2005 Results; Updates Outlook

CHICAGO, July 27, 2005

-- Integrated Defense Systems delivers strong revenue growth and double-digit margins driven by excellent operating performance

-- Commercial Airplanes reports double-digit revenue growth and strong margins; outstanding sales success and productivity gains drive higher financial outlook

-- EPS guidance for 2005 increased

Financial Highlights:

• Earnings
  • Q2: $0.70 per share, after $0.09 charge for sale of Wichita and Tulsa operations
• Revenue
  • Q2: $15.0 billion
• Operating Cash Flow
  • Q2: $2.7 billion

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