Crane Aerospace & Electronics and Boeing Celebrate the First Flight of the 737 MAX

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Crane Aerospace & Electronics and Boeing Celebrate the First Flight of the 737 MAX
LYNNWOOD, Wash. – Friday, January 29, 2016 – Crane Aerospace & Electronics, a segment of Crane Co. [NYSE:CR], and The Boeing Company [NYSE: BA] today celebrated the first flight of the 737 MAX 8 – the first member of Boeing’s efficient 737 MAX family – which took to the skies from Renton Field near Boeing’s 737 Final Assembly plant in Renton, Wash. Crane produces the brake control system, proximity sensors, fuel pumps and avionics power supplies for the 737 MAX. Crane’s Tire and Brake Monitoring System (TBMS), powered by wireless SmartStem® technology, will also be available as an option to 737 MAX customers.
“We congratulate Boeing on achieving this important milestone for the 737 MAX program,” said Brendan Curran, president of Crane Aerospace & Electronics. “Crane and Boeing have a long, successful history; Crane’s brake control systems fly on every 737 ever made, including the new 737 MAX. We’re proud to carry on our role in the 737’s legacy, and we look forward to future successes together.”
According to Boeing, the 737 MAX, powered by CFM International’s LEAP-1B engines, will deliver the highest efficiency, reliability and passenger comfort in the single-aisle market with 20 percent lower fuel use than the first Next-Generation 737s. Crane supplies the mass fuel flow transmitters for the LEAP-1B, which measure an aircraft engine’s fuel flow rate in flight with unmatched accuracy.
The 737 MAX 8 is the first member in Boeing’s new family of single-aisle airplanes – the 737 MAX 7, MAX 8, MAX 200 and MAX 9 – to begin flight testing. The 737 MAX will extend the Next-Generation 737 range advantage with the capability to fly more than 3,500 nautical miles (cont.) (6,510 kilometers), an increase of 340 to 570 nautical miles (629 to 1,055 kilometers). The 737 MAX family has 3,072 orders from 62 customers worldwide.
Delivery of the first 737 MAX is scheduled for the third quarter of 2017.

About Crane Aerospace & Electronics
Crane Aerospace & Electronics delivers proven systems, reliable components and flexible power solutions that excel in tough environments, from engines and landing gear to satellites, missiles and electronic countermeasure devices. Products and services are organized into six integrated solutions for aerospace and defense applications, including Sensing Components & Systems, Fluid Management, Power Components & Subsystems, Landing Gear Systems, Cabin Systems, and Microwave Components & Integrated Systems. For more information, visit www.craneae.com.

About Crane Co.
Crane Co. (NYSE: CR) is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane employs more than 11,000 people at over 150 locations in 26 countries. For more information, visit www.craneco.com.
SmartStem® is a registered trademark of Crane Aerospace & Electronics. All other trademarks are the property of their owners.

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