Boeing Statement Regarding U.S. Attorney Action in Sears Case …

Boeing Statement Regarding U.S. Attorney Action in Sears Case

CHICAGO, Feb. 18 2005 – LAWFUEL – The Law News Network — Boeing (NYSE: BA) Senior Vice President and General Counsel Doug Bain issued the following statement today after former Boeing executive Mike Sears was sentenced in U.S. District Court
in Alexandria, Va.:

“Today’s action brings this matter one step closer to closure. The Boeing
Company has provided information every step of the way to support the
government’s ongoing review of Darleen Druyun-related procurements and to
achieve our mutual goal to finally resolve this matter.

“In addition to dismissing Sears and Druyun in November 2003, the company
commissioned an independent external review of its hiring practices, which
determined that Boeing had in place well established policies and procedures.
Nevertheless, the Company has adopted recommendations from that review and
strengthened its policies in this area, including establishing an Office of
Internal Governance reporting directly to the CEO.

“Today, every employee of The Boeing Company — at every level —
understands that integrity and ethics are the foundation of our business, and
we have both the will and the process to ensure accountability for any

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