06 June 2003

Smiths selected as member of Boeing's 7E7 Systems Technology Team

3 June 2003 London - Smiths Aerospace has been selected by Boeing to join a team of international companies developing technologies and design concepts for the 7E7 airplane programme. The UK based company is supporting six major electronics and actuation systems for the next new Boeing airplane programme.

Dr John Ferrie, Group Managing Director for Smiths Aerospace said:

"This selection positions Smiths to grow as a major supplier and partner with Boeing for their next family of airplanes. We are keen to deliver enhanced value through the development of systems architectures utilising our key technologies".

The market potential for a new airplane of this size is forecasted at up to 3,000 units over the next 20 years. Boeing expects to formally offer the new airplane to customers in early 2004.

ENDS