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Condit JSF Remarks BOEING IR NEWSLETTER
10/26/01
www.boeing.com/investorrelations
1
Welcome to Boeing's IR Newsletter. Our newsletter is published periodically to provide
helpful information on Boeing topics. Your feedback is appreciated.
Below please find the post-award remarks of Phil Condit Boeing Chairman and Chief Executive
Officer.
Please note the only change to the financial guidance, as indicated in the body of Phil Condits
remarks, is a decrease of 2002 revenues from about $56 billion to about $55 billion. Otherwise,
the financial guidance provided on October 18 is unchanged.
Phil Condit Statement
JSF Award October 26, 2001
The governments Joint Strike Fighter decision is a real disappointment to us. It was a
tough competition, we learned a great deal, and we are ready to go forward.
I want to acknowledge the incredible effort by the men and women of the Boeing One
Team. They designed a great airplane. They ran a great flight test program. They
should be extremely proud of their efforts. I am.
We are ready to take what they accomplished and apply it everywhere across Boeing to
build on what they have done and build a better company.
We also want to congratulate the Lockheed Martin team. They did a great job and are a
worthy competitor. We know because we have worked with them on a number of
programs. And we stand ready to bring our capabilities and skills to Lockheed Martins
team should they choose to do so.
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BA Fundamental NYSE
Investor Relations

Newsletter October 26, 2001
Paul Kinscherff
Kathy Kroupa
Phil Anderson
Diane Green
(312) 544-2140
Condit JSF
Remarks BOEING IR NEWSLETTER
10/26/01
www.boeing.com/investorrelations
2
The decision today does not have a material impact on our 2001 financial outlook. For
2002, the overall revenue will be lowered by an estimated $1 billion to about $55 billion.
It does not have an impact on our margins or free cash.
In the last 50 years, Boeings aerospace expertise has developed and produced more
than 19,000 tactical jet fighters more than twice as many as any other U.S. company
with an unmatched record of quality and performance.
The time we spent in this competition was a strategic investment. The work that we did
on the 777, to the work thats been done on the F/A-18E/F, the C-17 we took all of that
transitioned it into the Joint Strike Fighter and used that to produce some very dramatic
work. That team came up with new methods of manufacturing, new ways of designing,
that we will use in every program inside Boeing as we go forward.
Now we have great military programs from the F/A-18 Super Hornet, the C-17, the
Apache and the Comanche, the V-22, to unmanned combat aerial vehicles. We have
exciting projects in the future from Deep Water, the Coast Guards modernization
program, to our new 767 aerial tankers that are designed to replace some 500 aging
tankers in the U.S. Air Force fleet.
We are going to stay focused on the tasks ahead. Our mission is to support the men
and women of the armed forces of the United States. We owe them the very best of
Boeing and we are committed to providing that every single day.
Boeing was built by people who dreamed about the future, dreamed about new frontiers,
and that spirit continues to drive us today. There are a lot of frontiers out there yet to
conquer and we are going to conquer them.
Please call us if you have any questionsBOEING INVESTOR RELATIONS