Acquisition

BAE SYSTEMS PLC
13 August 2004


BAE SYSTEMS COMPLETES ACQUISITION OF BOEING COMMERCIAL ELECTRONICS UNIT

BAE Systems today announced it has completed the acquisition of Boeing's
Commercial Electronics unit, a developer and producer of avionics products and
systems for commercial aircraft. The acquisition of the Commercial Electronics
unit will increase BAE Systems' already significant presence in commercial
aircraft subsystems.

The Commercial Electronics business, which had 2003 sales of about $170 million,
will become part of BAE Systems' Platform Solutions Sector, which provides a
broad range of capabilities and products for commercial and military aircraft.

Issued by

BAE Systems

London


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