Boeing Completes Harpoon Industrial Cooperation Program in Denmark

COPENHAGEN, Denmark, Sept. 8, 2010 – The Boeing Company [NYSE: BA] announced today that it has successfully completed an industrial cooperation program associated with follow-on support of the Harpoon weapon system for the Royal Danish Navy. Boeing met ahead of schedule the requirements for this six-year period of performance that began in October 2004, demonstrating the company's continued success in fulfilling its industrial cooperation commitments.

“This milestone was made possible through the world-class capabilities of Danish industry, including Terma and Danish Aerotech, and Boeing’s continued partnership with the Danish Enterprise and Construction Authority (DECA) under the Ministry of Economic and Business Affairs," said Gwen Kopsie, director of International Industrial Participation for Boeing Defense, Space & Security.

Terma A/S provides Boeing with Harpoon missile simulators, while Danish Aerotech A/S is under contract with Boeing to deliver the Aluminum Launch Support Structure (ALSS) for ship-based deployment of the Harpoon.

Boeing continues to bring industrial benefits to Danish firms through a second seven-year period of performance tied to Harpoon follow-on support for the Royal Danish Navy. The company also supports DECA’s efforts to develop Danish industry through a $29.6 million industrial cooperation program for Denmark’s portion of the NATO Airborne Warning and Control System (AWACS).

“Over the years, Boeing has demonstrated its commitment to Danish industry with a focus on building long-term, sustainable partnerships,” said Tom Bell, vice president of Business Development for Boeing Military Aircraft. “When the Royal Danish Air Force reopens its New Combat Aircraft competition, Boeing stands ready to deliver the broadest, most comprehensive industrial cooperation program ever undertaken in Denmark with our Super Hornet offering.”

Boeing has identified more than 100 potential projects with more than 45 Danish companies and institutions to introduce new defense and aerospace technologies into Denmark. These opportunities would extend beyond traditional aerospace to other research and technology collaboration projects to significantly accelerate growth across a large cross-section of Danish industries.

Boeing has successfully implemented industrial participation programs totaling more than US$41 billion in nearly 40 countries over the past 30 years.

The Harpoon weapon system provides accurate long-range guidance for both land-strike and anti-ship missions. The Harpoon Block II is produced at Boeing facilities in St. Charles, Mo. Boeing has delivered more than 7,100 Harpoon missiles to the United States and 28 allied partners, including the Royal Danish Navy.

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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