Boeing Receives Global Vision Award for Work in India

The Boeing Company [NYSE:BA] announced today that the US-India Business Council (USIBC), the premier U.S.-India business advocacy organization, has presented the company with the USIBC Global Vision Award.

The award recognizes Boeing's deep and enduring commitment to India, its growing presence in the country, and its continuing efforts to create sustainable value through the development of strategic partnerships with government and industry.

Boeing Chairman, President and CEO Jim McNerney received the award earlier today at the USIBC's 32nd Anniversary Leadership Summit. "This award is a testament to the expanding partnership between India and Boeing. We are committed to responding to India's needs and contributing to its growing success through our product offerings, services, and industrial and academic partnerships which in turn will help Boeing become more productive and grow."

Boeing began its relationship with India sixty years ago when India joined the jet age on the wings of Boeing jetliners. Those airplanes continue to be the mainstay of the country's domestic and intercontinental commercial fleets. Boeing earlier this year expanded its enterprise team in India and is actively developing important, integrated relationships with Indian industry to strengthen its presence across both the defense and commercial sectors.

Today's presentation was part of a two-day meeting held at the U.S. Chamber of Commerce in Washington, D.C. The Global India Summit was attended by key leaders from government and industry of the two nations and celebrated 32 years of strengthening Indo-U.S. business ties.

Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing operates the Space Shuttle and International Space Station. The company also provides numerous military and commercial airline support services. Boeing has customers in more than 90 countries around the world and is one of the largest U.S. exporters in terms of sales. Headquartered in Chicago, Boeing employs more than 150,000 people across the United States and in 70 countries. Total company revenues for 2006 were $61.5 billion.

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John Dern
Lizum Mishra
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