Boeing

Boeing Initiates Global Support Network With Fokker Services Agreement

Boeing [NYSE: BA] today signed a teaming agreement with Fokker Services, B.V., to establish a new European Support Center. The center is part of a larger global support network that will offer comprehensive life-cycle maintenance and service for military aircraft around the world.

The facility near Amsterdam, the Netherlands, will provide customer, administrative and comprehensive warehouse services. Beginning with components for the CH-47 Chinook helicopter, services will eventually expand to military aircraft manufactured by Boeing and other companies.

"Our agreement with Fokker Services provides us with a firm foundation for progress in the increasingly vital military support market," said David Spong, president of Military Aerospace Support for Boeing Integrated Defense Systems.

"Starting our operation with the Boeing Chinook makes eminent sense. The Chinook has become the de facto heavy-lift helicopter of NATO and is in service with the Royal Netherlands Air Force. The experience we gain from providing total, localized support for the Chinook will facilitate expansion of these capabilities, not only into other Boeing military aircraft, but to those with other nameplates. Boeing has unmatched resources to ensure that military aircraft of all kinds can operate more efficiently and effectively through our comprehensive support network and the Netherlands is a fine location from which to grow," Spong said.

"We are pleased to join Boeing in this important effort," said Hans Berends van Loenen, president of Fokker Services, B.V. "By establishing this operational base in the Netherlands, Boeing will certainly enhance its position in Europe by engaging our people, our technical expertise and our customer knowledge. This agreement represents a plus for Fokker and the European Union as well as for Boeing."

By focusing its modernization and upgrades capabilities; maintenance and modification centers; training services; logistics personnel services and sustainment data and supply chain management support competencies in the Military Aerospace Support business, Boeing is the only major airframe manufacturer with an integrated organization structured to provide total life-cycle customer support for military aircraft and weapons systems.

Fokker Services B.V., a member of the Netherlands based Stork Aerospace Group, is a provider of integrated maintenance and modification services for civil and military aircraft. The group has 3,335 employees and achieved a turnover of EURO 421 million in 2001, out of the total Stork turnover of EURO 2.2 billion.

A unit of The Boeing Company, Boeing Integrated Defense Systems, or IDS, is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $23 billion business. It provides systems solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance; 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; NASA's largest contractor; and a global leader in launch services

###

02-62

For further information:
Paul Guse
(314) 232-1520
paul.m.guse@boeing.com
Koos Huurdeman
31(0) 35 6957555
koos.huurdeman@stork.com