Boeing Wins $21 Million Contract with U.S. Navy's Strategic Systems Programs

Boeing [NYSE:BA] received a $21 million Navy contract to provide engineering technical support for navigational systems on United States and United Kingdom Trident I and Trident II submarines.

Under the FY '05 contract with the Navy's Strategic Systems Programs, the Boeing Naval Electronics & Navigation business based in Anaheim, Calif., will provide material and technical support services to conduct inertial equipment modification and repair for the Ships Inertial Navigation System, Electrostatically Supported Gyro Monitors, Electrostatically Supported Gyro Navigators and related components.

"Boeing's long tradition of ensuring the U.S. Navy goes to sea with the world's most accurate shipboard inertial navigation systems is due to our team maintaining a tight focus on providing the U.S. and UK Navies with the best-of-industry technology at an affordable price," said Dick Yuhnke, program manager for Boeing's Anaheim-based Naval Electronics & Navigation business unit.

A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $27 billion business. It provides network-centric system solutions to its global military, government, and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance systems; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense and Department of Homeland Security; NASA's largest contractor; and a global leader in launch services.

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Contact:

For further information:

Jerry Drelling
Media Relations
Boeing Naval Electronics & Navigation
714-762-0356
jerry.a.drelling@boeing.com

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