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6 June 2003

3 June 2003 London - AA Richmond 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 AA Richmond Aerospace said:

"This selection positions AA Richmond 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.

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