Video from Siemens and Synaptic Digital: Boeing, Siemens Form Strategic Alliance for DOD Energy Modernization

NEW YORK, Aug. 8, 2011 /PRNewswire/ -- Boeing and Siemens today announced a strategic alliance for the joint development and marketing of "smart grid" technologies to improve energy access and security for the U.S. Department of Defense (DOD), the largest energy consumer in the federal government.

See video from Siemens at: http://inr.synapticdigital.com/Siemens/Boeing/

The collaboration centers on providing U.S. military installations with secure microgrid management solutions that lower operational costs and increase energy efficiency.

The alliance draws on Boeing's expertise in providing the DOD with complex systems and technologies, and Siemens' industry-leading global energy management capabilities.

The alliance's microgrid management solution will be designed to:

• implement economical energy-efficiency tools that allow for analysis, control and automation of energy processes
• use smart energy controls to provide real-time data to manage energy use
• integrate renewable energy sources and storage.

The Siemens and Boeing alliance brings together the capabilities required of a DOD energy modernization provider, including end-to-end engineering and construction; network and smart grid integration; cybersecurity; energy efficiency; energy management and storage; next-generation alternative energy integration; climate monitoring; and service, training and maintenance.

Siemens Corporation is a U.S. subsidiary of Siemens AG (NYSE: SI), a global powerhouse in electronics and electrical engineering, operating in the industry, energy and health care sectors. For more than 160 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions. With 405,000 employees in 190 countries, Siemens reported worldwide revenue of $102.9 billion in fiscal 2010. Siemens in the USA reported revenue of $19.9 billion and employs approximately 62,000 people throughout all 50 states and Puerto Rico. For more information on Siemens in the United States, visit www.usa.siemens.com.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $32 billion business with 64,000 employees worldwide.

08NY11-0504

SOURCE Synaptic Digital; Siemens