Boeing Completes Acquisition of Vought Operations in South Carolina

SEATTLE, July 30 /PRNewswire-FirstCall/ -- Boeing (NYSE: BA) announced today
the completion of the acquisition of the business and operations conducted by
Vought Aircraft Industries at its South Carolina facility, where a key
structure for the 787 Dreamliner is built. The acquisition agreement was
announced originally on July 7.

The newly acquired facility, located in North Charleston, will be called
Boeing Charleston. Boeing Charleston will be managed by the 787 program as a
wholly owned subsidiary. Boeing Charleston will continue to perform
fabrication, assembly and systems installation for 787 aft fuselage sections,
which are made primarily of composite materials.

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Contact:
Ann Schmidt
Boeing Commercial Airplanes Communications
+1 206-853-5450

Lori Gunter
Boeing Commercial Airplanes Communications
+1 206-931-5919

More information: http://www.boeing.com

SOURCE Boeing

Ann Schmidt, +1-206-853-5450, Lori Gunter, +1-206-931-5919, both of Boeing
Commercial Airplanes Communications