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Boeing Announces Agreement to Acquire Vought Share of Global Aeronautica

SEATTLE, March 28 /PRNewswire-FirstCall/ -- The Boeing Company (NYSE:
BA) announced today it has agreed to acquire Vought Aircraft Industries'
interest in Global Aeronautica, LLC, a South Carolina fuselage sub-assembly
facility for Boeing's newest airplane, the 787 Dreamliner. After the
transaction is complete, Global Aeronautica will become a 50-50 joint
venture between The Boeing Company and Alenia North America, a subsidiary
of Italy's Alenia Aeronautica -- a Finmeccanica company. Vought will
continue to produce the aft fuselage for the 787 at its facility adjacent
to Global Aeronautica in North Charleston.

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