Boeing

Boeing Opens India Research and Technology Centre to Advance Innovation

BENGALURU, India, March 31, 2009 – Boeing [NYSE: BA] today announced the opening of its Boeing Research & Technology-India centre, which will help sustain the company’s competitive technological edge while enhancing India’s aerospace capabilities. The center marks another milestone of Boeing’s long term relationship with India.

This centre will carry out continued collaboration with Indian R&D organizations, including government agencies and private sector R&D providers, universities and other companies.

“Boeing is partnering with the best researchers around the world to find the best technology solutions for our customers, and we look forward to working with our partners here in India on some promising new technologies,” said John Tracy, Boeing chief technology officer and senior vice president Engineering, Operations & Technology.

Boeing’s research in India will break new ground in aero structures, aerodynamics and electronic networks with a team of senior researchers, scientists and engineers. This is Boeing’s third advanced research centre outside the U.S., the others being in Europe and Australia. The centre will also coordinate the work of more than 1,500 technologists, including 100 advanced technology researchers, from across India on projects that will help define the future of aerospace

“Boeing is defined by its technological edge,” said Dinesh Keskar, president of Boeing India. “Working with India’s technology leaders helps Boeing assimilate new ideas and innovative processes into our products and programs. This also is good for India because it helps grow the capabilities of the Indian R&D community to meet the emerging needs in country.”

The Boeing Research & Technology-India centre will build upon an already solid foundation of collaborative research projects in India. For example, since 2007, Boeing has been working together with the Indian Institute of Science and two leading Indian information technology companies, Wipro and HCL, as part of the Aerospace Network Research Consortium. This is India’s first public-private aerospace research consortium and it is devoted to emerging network technologies and concepts

Boeing is the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Through its Boeing Research & Technology organization, the company conducts its own research and development and also works with top government, private and university research centers, and companies throughout the world to find the most innovative and affordable technology solutions for aerospace applications.

For more information, please visit www.boeing.com.

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Contacts:

Swati Rangachari

Director, Boeing India Communications

+919999162000

swati.rangachari@boeing.com

swati.rangachari@boeing.com

Tom Koehler

Boeing Research & Technology Communications

(425) 373-2921

thomas.j.koehler@boeing.com swati.rangachari@boeing.com