Boeing Integrated Defense Systems Appoints Christopher Raymond as VP, Business Development

ST. LOUIS, March 22, 2006/Satnews Daily/ ¾ Boeing (NYSE:BA) Integrated Defense Systems president and CEO Jim Albaugh has selected Christopher Raymond, who was serving as vice president, Air Force business development, to replace Shephard W. Hill as the vice president for Boeing IDS business development.

Hill is moving to a new corporate position -- senior vice president for business development and strategy. Both moves are effective immediately.

Raymond, in his new role, will report to Albaugh and be responsible for development, integration and implementation of IDS customer and business strategies, and ensuring customer alignment across the enterprise.

Most recently, Raymond was the business development vice president responsible for all strategy development and engagement with the company's U.S. Air Force customer. Prior to the recent IDS reorganization, he had served as vice president, business development for Air Force Systems -- a position that led teams focused on innovative Global Mobility, Global Strike, C3ISR and Integrated Space solutions. He also has held a number of leadership assignments within engineering, supply chain management and operations.

Raymond holds a bachelor's degree in aeronautical engineering from the University of Illinois, a certificate with honors in contract management and a master's degree with honors, both from the University of California-Irvine.

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