Boeing, Vought to Showcase KC-767 Advanced Tanker.

Local, State and Federal Officials Lend Their Support

Vought Aircraft Industries:

WHAT:   Vought Aircraft Industries and The Boeing Company will hold a
        rally at Vought to highlight the superior capabilities of the
        KC-767 Advanced Tanker. This aircraft is being offered as a
        replacement to the U.S. Air Force's 179 aging Boeing KC-135
        tankers that have been in service for the past 15 years.

        Vought employees and executives will be joined by Rep. Sam
        Johnson (R-Plano), Grand Prairie Mayor Charles England, State
        Rep. Kirk England and Lt Col (Ret) Bill Looke, Vice President,
        Operations, San Antonio Port Authority and former executive
        director of the Texas Aerospace Commission and the Governor's
        Office of Aerospace and Aviation.

        Approximately 80 Vought workers in Grand Prairie are currently
        involved in producing sections of the 767 aircraft (including
        aft body section, pressure bulkhead, and horizontal
        stabilizer). Boeing estimates that if it were selected to
        build the tankers, it would mean 3,000 direct and indirect
        jobs for Texans.

        Prior to the event, media are invited to tour Boeing's KC-767
        mobile technology showcase, featuring interactive
        presentations, simulators and various displays.

        The KC-767 Advanced Tanker is designed for aerial refueling of
        other aircraft, but also is able to move cargo, passengers,
        patients and medical crewmembers. These capabilities, combined
        with best-in-competition fuel efficiency, global flexibility
        and optimum size, provide a strong value proposition. A
        decision by the Air Force regarding this program is expected
        later this year.

WHEN:   9-9:45 a.m. CDT: Media tours of KC-767 mobile technology
        showcase
        10 a.m. CDT: Employee rally, with remarks by featured speakers
        Friday, June 29, 2007

WHERE:  Vought Aircraft Industries
        1601 W. Marshall Dr.
        Grand Prairie, TX 75051