Boeing

OKLAHOMA CITY, June 20, 2012 -- Boeing [NYSE: BA] has received a $65.8 million Lot 2 follow-on contract from the U.S. Air Force for nine B-1 Lancer bomber Integrated Battle Station (IBS) modification kits, spares, training, support equipment and engineering support.

IBS integrates three major aircraft modifications -- an updated front and aft cockpit, a new diagnostics system and a new Link 16 data link -- which all enhance situational awareness and communications for the crew.

"Combining the three major B-1 modifications into one installation will not only save taxpayer dollars, but also will allow us to get the bombers back to the field much faster and with more capability," said Rick Greenwell, Boeing B-1 program director.

The initial Lot 1 contract was awarded in June 2011. Installation of those four kits will begin this fall at the company's Maintenance, Repair, Overhaul and Technology Center in Oklahoma City. Civilian employees from Tinker Air Force Base will install the upgrades while Boeing employees provide engineering support. Lot 2 kit orders will begin immediately and the entire fleet will be upgraded by the end of 2019.

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 $32 billion business with 61,000 employees worldwide. Follow us on Twitter: @BoeingDefense.

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Contact:

Yvonne Johnson-Jones
Boeing Defense, Space & Security
+1 314-306-2516
yvonne.d.johnson-jones@boeing.com

Jennifer Hogan
Boeing Defense, Space & Security
+1 405-818-7859
jennifer.c.hogan@boeing.com