Boeing Awarded Navy/ Marine Corps C-130 Avionics Modernization Program Contract

The U.S. Navy awarded The Boeing Company [NYSE:BA] a $3.4 million contract to begin the process of modernizing its fleet of 48 U.S. Navy and Marine Corps Reserve C-130T and KC-130T aircraft.

Building on Boeing's performance on the U.S. Air Force C-130 Avionics Modernization Program, the C-130 AMP program will standardize aircraft configurations within the Navy and Marine Corps and provide significant configuration commonality with the USAF C-130 fleet. The contract will result in the installation of a fully integrated, night vision goggle compatible, digital glass cockpit and provide for a reduction in total ownership costs throughout the remaining service life of the aircraft. The period of performance for this phase of the program will run through March 2005.

"This is a natural follow-on to the work we're doing for the U.S. Air Force," said Pat Finneran, vice president and general manager of Aerospace Support, part of Boeing Integrated Defense Systems. "The Navy and Marines will be able to leverage off of the work we've accomplished on the Air Force program and ensure their C-130 crews have the most capable C-130 aircraft available.

"The C-130 AMP program is on schedule and on cost," said Dave Koopersmith, Boeing AMP program manager."We completed our first incremental preliminary design review with the Air Force in November 2003 and we will conduct the first incremental critical design review in June 2004. We're on track for first flight in early 2006."

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 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.

For further information:
Tom LaRock
Aerospace Support
(314) 232-0201
Paul Guse
Aerospace Support
(314) 232-1520