Boeing

BRISBANE, Queensland, July 8, 2010 -- Boeing Defence Australia, a wholly owned subsidiary of The Boeing Company [NYSE: BA], has announced the completion of Joint Project 2043's High Frequency Modernisation (HFMod) Project. The formal letter of completion for the project was delivered on behalf of the Commonwealth of Australia on June 16 from the HFMod Project Authority.

"This final milestone indicates all system requirements have been met and the Commonwealth is confident this Modernised High Frequency Communications System (MHFCS) is providing the Australian Defence Force with a secure, cost-effective, strategic high-frequency communications capability," said Steve Hudson, Boeing project manager, HFMod Project.

MHFCS is a managed long-range communications system that offers Australia the secure exchange of information between fixed and mobile stations using one integrated system.

"Boeing's HFMod team has developed, built and now delivered the most advanced high-frequency system in the world," said Charles Toups, vice president and general manager, Boeing Network & Tactical Systems. "This is an outstanding achievement and a true indication of Boeing's commitment to developing advanced technology solutions globally for our customers."

Boeing is currently marketing the MHFCS internationally and is discussing the system with several potential customers.

Boeing Defence Australia, a wholly owned subsidiary of The Boeing Company and a business unit of Boeing Defense, Space & Security, is a leading Australian aerospace enterprise. With a world-class team of more than 1,500 employees at 14 locations throughout Australia and two international sites, Boeing Defence Australia supports some of the largest and most complex defense projects in Australia.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security 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 Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.

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More information on the MHFCS is available here.

Contact:

Sarah Wills
Boeing Defence Australia
+61 7-3306-3132
sarah.e.wills@boeing.com

Fiona Tristram
Boeing Defence Australia
+61 7-3306-3790
fiona.l.tristram@boeing.com