Boeing to open Aerospace Research and Technology Center in Brazil

SAO PAULO, 20 April 2012. Boeing (NYSE:BA) will open Boeing Research & Technology-Brazil, a research and technology center in Sao Paulo where Boeing engineers will work with Brazil’s leading researchers and scientists to develop aerospace technologies.

Areas of research focus for the new center will include sustainable aviation biofuels, advanced air traffic management, advanced metals and bio-materials, and support and services technologies. Boeing Research & Technology-Brazil, opening later this year, will serve as a hub for collaboration between Boeing and Brazilian R&D organizations, including government agencies, private-sector companies, and universities.

"Boeing is defined by its technological edge, and establishing Boeing Research & Technology in Brazil will bring new ideas and innovative processes to our company," says Donna Hrinak, president of Boeing Brazil. "We also will strengthen our relationship with Brazil's R&D community in ways that grow Brazil's capabilities and meet the country's goals for economic and technology development."

"As part of Boeing's strategic, long-term commitment to Brazil, we will establish collaborative R&D projects and perform research at BR&T-Brazil that will benefit Brazil, while supporting Boeing's investment to keep our competitive edge," explains Al Bryant, vice president of Boeing Research & Technology-Brazil. "This is a win-win opportunity for Brazil and Boeing."

Boeing Research & Technology-Brazil will be Boeing's sixth advanced research center outside the United States; the others are in Europe, Australia, India, China, and Russia.

Brazil has Latin America's fastest-growing commercial aviation market. Boeing officials have forecasted that Brazil will need to purchase more than 1,000 airplanes worth more than $100 billion in the next 20 years.

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