Boeing

Sea Launch and Boeing Delta Exhibit Together at Communicasia 2001

A joint exhibit by Sea Launch Company and The Boeing Company Delta program at CommunicAsia 2001, which is being held June 19-22 in Singapore, underscores the commitment of both programs to ensuring flexible, assured, on-time access to space for their customers. It also reflects their continued commitment to the Asian marketplace.

"The Asian market is important to Boeing," said Jim Albaugh, president and chief executive officer of Boeing Space and Communications. "We are optimistic about the growth potential for launch services in Asia, based on Boeing's assessment of the future satellite market."

Earlier this year, Boeing and Sea Launch signed a mutual launch services agreement that broadens the services made available to customers of both the Sea Launch and Delta team. Boeing is a 40 percent partner of Sea Launch, an international venture comprised of four companies.

Boeing and Sea Launch spokespeople will be at the Singapore Expo, hall 1, booth 3B2-07 to talk about the agreement and the back-up launch option it provides.

During its more than two years of operations, Sea Launch has launched seven times from a floating launch platform positioned on the equator at 154 degrees west longitude. In May, Sea Launch successfully completed the two-spacecraft constellation for XM Satellite Radio, which plans to begin broadcasting up to 100 channels of digital radio across the continental United States later this summer. Sea Launch's successful and accurate delivery of the Boeing 702 model XM "Rock" and "Roll" satellites to geosynchronous transfer orbit confirms customers' confidence in the reliability and accuracy of the Sea Launch system.

Boeing Delta rockets continue to blaze a trail of success to the future, with more than 280 launches. Asian launch service customers have even more options now as the Delta IV series of medium and heavy launch vehicles move toward an inaugural launch in early 2002.

Boeing has successfully completed a series of tests involving the integrated common booster core (CBC) and RS-68 engine for the Boeing Delta IV rocket. Lasting approximately 303 seconds, the final test was conducted on May 6 and completed a Delta IV Heavy mission profile simulation for the rocket's first stage. In addition to the CBC test, the Boeing Rocketdyne RS 68 engine has had 13,780 seconds of total test time.

The Boeing Delta IV family of launch vehicles enters service with four planned launches in 2002 and a backlog of more than 40 launch service contracts. Boeing and its customers have announced launch contracts supporting commercial telecommunications services in Asia, Europe, and North and South America.

Sea Launch is a fully operational launch service for the global marketplace. Headquartered in Long Beach, Calif., with operations based at Sea Launch Home Port in Long Beach Harbor, the multinational partnership of American, Russian, Ukrainian and Norwegian companies provides commercial satellite customers the most direct and cost-effective route to geostationary orbit.
The Boeing Company, headquartered in Seattle, is the largest aerospace company in the world and the United States' leading exporter. It is the world's largest manufacturer of commercial jetliners and military aircraft, and the largest NASA contractor. The company's capabilities in aerospace also include rotorcraft, electronic and defense systems, missiles, rocket engines, launch vehicles, and advanced information and communication systems. The company has an extensive global reach with customers in 145 countries and manufacturing operations throughout the United States, Canada and Australia.

Boeing Delta Web Site: www.boeing.com/Delta

Sea Launch Web Site: www.sea-launch.com

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For further information:
Paula Korn
(562) 499-4729
Glen Golightly
(714) 372-4742
Boeing Communications:
(714) 896-1301
Boeing Launch Hotline:
(714) 896-4770
Sea Launch Hotline:
(562) 797-1000