ST. LOUIS, March 31, 2008 — The Boeing Company [NYSE: BA] today said it has submitted a proposal to NASA for the production of two next-generation Geostationary Operational Environmental Satellites, known as the GOES R series, for the National Oceanic and Atmospheric Administration (NOAA).

“Boeing’s proposal for GOES R is backed by 40 years of experience in building and delivering weather satellites for NASA and NOAA, coupled with a commitment to program execution and providing a low-risk solution,” said Craig Cooning, Boeing Space and Intelligence Systems vice president and general manager. “Boeing is uniquely qualified to build GOES R on schedule and on budget.”

Boeing received a GOES R risk-reduction contract from NASA in 2005 and remains committed to helping NOAA achieve its vision of a society that uses a comprehensive understanding of the role of oceans, coasts and atmosphere in the global ecosystem in order to make the best social and economic decisions.

Boeing builds on its experience as the prime contractor for the current series of geosynchronous environmental satellites, GOES N, O and P. The GOES N program series consists of three state-of-the-art imaging spacecraft and the supporting ground command and control elements. The GOES N satellite, known today as “GOES-13,” was launched on a Boeing Delta IV rocket on May 24, 2006. GOES-13 was handed over to the customer following six months of rigorous testing administered by NOAA’s Satellite Operations Control Center in Suitland, Md. GOES O is scheduled to launch later this year.

Boeing has built more than 260 commercial and civil satellites that have achieved a total of 2,500 years of service. These spacecraft are built at Boeing’s satellite manufacturing facility in El Segundo, Calif. Encompassing 1 million square feet, the center is the largest dedicated satellite factory in the world.