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Boeing Statement on U.S. Navy BAMS Decision

ST. LOUIS, April 22, 2008 -- Boeing has been informed that the U.S. Navy has chosen another company for its Broad Area Maritime Surveillance (BAMS) unmanned aircraft system contract.

We are obviously disappointed and believe our proposal best fit the Navy's unmanned persistent maritime surveillance and reconnaissance needs. Our next step is to be debriefed by the Navy. After we have reviewed the details behind the award, we will make a decision concerning possible options.

The Boeing Company would like to thank everyone who helped us on the BAMS proposal, including our industry teammates Gulfstream, Raytheon, Honeywell and Rolls-Royce.

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Contact Info:
Chick Ramey
The Boeing Company
(253) 657-5636
charles.b.ramey@boeing.com
Ellen LeMond
The Boeing Company
(314) 777-0669
ellen.j.lemond@boeing.com