Boeing

WICHITA, Kan., Feb. 27, 2009 -- The Boeing Company [NYSE: BA] on Feb. 25 transferred the third KC-767J tanker to the company's Japanese partner, Itochu Corp., for delivery to the Japan Ministry of Defense (MOD) and Japan Air Self-Defense Force (JASDF). When Itochu officially delivers the aircraft in March, it will join two KC-767J tankers that Japan received in 2008.

The KC-767J departed Boeing's tanker modification center in Wichita on a 12-hour, nonstop flight to Gifu, Japan, near Nagoya. Delivery to the MOD and JASDF will follow a final formal review and in-country acceptance processes.

"This new KC-767J will be a valuable addition to Japan's tanker fleet as the country performs vital missions in the Asia-Pacific region," said Dave Bowman, Boeing vice president and general manager, Tanker Programs. "The recent completion of a yearlong technical evaluation and the on-time, on-cost delivery of this third tanker bring the JASDF one step closer to assigning these new assets to active air wings in Japan."

Japan has ordered four convertible tanker/freighter KC-767Js, which provide flexibility in carrying cargo or passengers while maintaining their primary role as aerial refueling tankers. The KC-767 tanker, a military derivative of the proven 767-200 commercial airplane, features Boeing's advanced aerial refueling boom and Remote Aerial Refueling Operator II system.

Boeing is scheduled to transfer the fourth Japan tanker to Itochu in December for delivery to the MOD in the first quarter of 2010.

Boeing also has two KC-767 tankers in comprehensive flight test for the Italian Air Force (ITAF) and is performing modification work on two additional ITAF tankers. The first tanker for Italy is scheduled for delivery later this year.