Boeing

AARHUS, Denmark, May 18, 2009 – The Boeing Company [NYSE: BA] and Danish systems integration and software development company Systematic today announced that they are jointly exploring opportunities in global ballistic missile defense, including potential collaboration on NATO projects.

The two companies are also evaluating the application of Systematic’s Battle Management/Command, Control & Communications capabilities as part of Boeing’s Ballistic Missile Defense Integrated Test Bed – a testing, modeling/simulation and training platform. The combination could provide a more cost-effective way to improve missile defense mission readiness.

“This is an exciting opportunity for Systematic and a testament to our forward thinking,” said Michael Holm, Systematic president and CEO. “Systematic’s entry into ballistic missile defense allows us to help advance an important security need, share our knowledge and expand our SitaWare suite. By using our core competencies, we aim to simplify critical decision making.

“We have a lot to offer when it comes to the Integrated Test Bed,” Holm added. “Combining Boeing’s leadership in missile defense with our knowledge of the NATO command-and-control arena and vast customer network can result in new and innovative solutions that will truly make a difference in the way people plan, train for and evaluate missile defense missions.”

Mira Ricardel, vice president of Business Development for Boeing Missile Defense Systems, said partnering with companies such as Systematic is vital to advancing critical defense technology.

“Boeing has worked to transform the idea of global missile defense into an operational capability through technology, talent, commitment and cooperation,” Ricardel said. “Systematic’s expertise in information management and complex systems integration could contribute significantly to missile defense capabilities we deliver to customers in the future.”

The two companies have a history of partnership, with Systematic delivering advanced capabilities to Boeing and its subcontractors on a number of Boeing airborne warning systems, including the Systematic IRIS Suite for the NATO AWACS (Airborne Warning and Control System). Boeing and Systematic also are exploring several other areas of broad, substantive collaboration on command and control solutions, electronic warfare technology and ground forces interoperability lab development. Additionally, the two companies are looking at opportunities for Systematic to provide software development/integration and sales/management support services for the family of unmanned aircraft systems produced by Insitu, a Boeing subsidiary.

Systematic is an international company with customers in 35 countries across the globe. Founded in 1985, Systematic employs 500 people located in Denmark, the United Kingdom, the United States and Finland. Systematic supplies future-proof, reliable and user-friendly mission critical solutions and products, all supporting Systematic’s mission of simplifying critical decision-making for its customers.

A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses specializing in innovative and capabilities-driven customer solutions, and the world’s largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $32 billion business with 70,000 employees worldwide.

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Contact:

Amy Horton
Boeing Communications
+1 314-233-4368
amy.e.horton@boeing.com

Jeppe Nielsen
Systematic, Vice President
Business Development and Sales, Defence Systems
+45 2081 1855
jeppe.nielsen@systematic.com

Chuck Cadena
Boeing Communications
Office: +1 703-872-4503
Mobile: +1 703-201-7879
chuck.cadena@boeing.com