Boeing Charleston performs fabrication, assembly and systems installation for the 787 aft fuselage sections. Global Aeronautica, which is 50 percent owned by Boeing, is responsible for joining and integrating 787 fuselage sections from other structural partners.

Boeing claims that the 787 Dreamliner will be more efficient, quieter and have lower emissions than other airplanes while offering passengers greater comfort and the convenience of direct, nonstop flights between more cities around the world.

Fifty-five customers around the world have ordered 840 787s since the program was launched in April 2004. The 787 line of airplanes will carry 210 to 330 passengers on flights up to 8,500 nautical miles.

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The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the Company's failure to disclose during the Class Period the true testing results for the Dreamliner 787 ("787") to forestall cancellations of orders for the 787, particularly as the orders for its competition, the Airbus A380, were gaining ground; to conceal from the market the material fact that the 787 had a structural problem in its design that would prevent the first flight of the 787 by June 30, 2009, and delivery in the first quarter of 2010; and to enable Boeing to make a positive presentation concerning the test results for the 787 and the schedule for the first flight and delivery of the 787 at the Paris Air Show scheduled for June 15-18, 2009, at which Boeing hoped to receive additional orders for the 787 and beat the showing made by the Airbus for its A380. According to the complaint, after Boeing announced on June 23, 2009 that the first flight of the 787 would be postponed, the value of Boeing's stock declined significantly.

If you have suffered a net loss for all transactions in Boeing Company, Inc. common stock during the Class Period you may obtain additional information about this lawsuit and your ability to become a lead plaintiff by contacting Brower Piven at www.browerpiven.com, by email at hoffman@browerpiven.com, by calling 410-986-0036, or at Brower Piven, A Professional Corporation, The World Trade Center-Baltimore, 401 East Pratt Street, Suite 2525, Baltimore, Maryland 21202. Attorneys at Brower Piven have combined experience litigating securities and class action cases of over 40 years. If you choose to retain counsel, you may retain Brower Piven without financial obligation or cost to you, or you may retain other counsel of your choice. You need take no action at this time to be a member of the class.

CONTACT:
Charles J. Piven
Brower Piven, A Professional Corporation
Baltimore, Maryland
410/986-0036
Email Contact

SOURCE: Brower Piven, A Professional Corporation

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On June 23, 2009, Boeing announced that the 787's first flight would have to be postponed because of "a need to reinforce an area within the side-of-body section of the aircraft..." As a result of this announcement, the price of Boeing's common stock dropped 6.5% on June 23, 2009, and fell another 6% the next day.

Shalov Stone Bonner & Rocco LLP has extensive experience in the prosecution of lawsuits on behalf of investors. For more information about the firm, please visit its website at: www.lawssb.com

If you purchased Boeing common stock and would like additional information about your rights, please contact investor rights attorney Amanda C. Scuder, at Shalov Stone Bonner & Rocco LLP, 485 Seventh Avenue, Suite 1000, New York, New York 10018 (telephone: (212) 239-4340; email: ascuder@lawssb.com).

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CONTACT:
Amanda C. Scuder - Attorney
SHALOV STONE BONNER & ROCCO LLP
Telephone: (212) 239-4340
Facsimile: (212) 239-4310
Email:    Email Contact
http://www.lawssb.com

SOURCE: Shalov Stone Bonner & Rocco LLP

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