Boeing Integrated Defense Systems Appoints New Vice President, Business Development

Christopher Raymond Replaces Shep Hill as Vice President, Boeing IDS Business


Mar 21, 2006, 00:00 ET from Boeing Integrated Defense Systems

    ST. LOUIS, March 21 /PRNewswire-FirstCall/ -- Boeing (NYSE:   BA) Integrated
 Defense Systems President and CEO Jim Albaugh has selected Christopher
 Raymond, who was serving as vice president, Air Force business development, to
 replace Shephard W. Hill as the vice president for Boeing IDS business
     Boeing announced earlier today that Hill is moving to a new corporate
 position -- senior vice president for business development and strategy. Both
 moves are effective immediately.
     Raymond, in his new role, will report to Albaugh and be responsible for
 development, integration and implementation of IDS customer and business
 strategies, and ensuring customer alignment across the enterprise.
     "For the past three-and-a-half years, Shep Hill has played a pivotal role
 in the success of our business," Albaugh said. "Shep has done an outstanding
 job of understanding our customers' needs and expectations, shaping markets
 and working with our business leaders to provide best-of-industry solutions to
 our customers. I know he will do an excellent job in his new role of providing
 strategic direction for the entire enterprise.
     "At the same time, Shep has developed a cadre of leaders within business
 development, and Chris Raymond is well prepared to succeed in his new role,"
 Albaugh said. "Chris has worked tirelessly with our Air Force customer and
 business leaders to understand the enduring needs of our nation's airmen and
 developing strategies to fulfill those needs. There is no doubt that he will
 bring that same level of passion to his new role."
     Most recently, Raymond was the business development vice president
 responsible for all strategy development and engagement with the company's
 U.S. Air Force customer.
     Prior to the recent IDS reorganization, he had served as vice president,
 business development for Air Force Systems -- a position that led teams
 focused on innovative Global Mobility, Global Strike, C3ISR and Integrated
 Space solutions. He also has held a number of leadership assignments within
 engineering, supply chain management and operations.
     Raymond holds a bachelor's degree in aeronautical engineering from the
 University of Illinois, a certificate with honors in contract management and a
 master's degree with honors, both from the University of California-Irvine.
     A unit of The Boeing Company, Boeing Integrated Defense Systems is one of
 the world's largest space and defense businesses. Headquartered in St. Louis,
 Boeing Integrated Defense Systems is a $30.5 billion business. It provides
 network-centric system solutions to its global military, government, and
 commercial customers. It is a leading provider of intelligence, surveillance
 and reconnaissance systems; the world's largest military aircraft
 manufacturer; the world's largest satellite manufacturer and a leading
 provider of space-based communications; the primary systems integrator for
 U.S. missile defense; NASA's largest contractor; and a global leader in
 sustainment solutions and launch services.

SOURCE Boeing Integrated Defense Systems