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Former Boeing Executive Recipient of Prestigious Industry Award

 

Arlington, VA – May 23, 2006   The Industrial Research Institute (IRI) announces today that it presented the 2006 IRI Medal to David O. Swain, Vice President of Engineering and Technology and Chief Operating Officer (retired), The Boeing Company.  The award was presented in a ceremony in conjunction with the IRI 2006 Annual Meeting in Colorado Springs, Colorado.

The IRI Medal, established in 1946, recognizes and honors leaders of technology for their outstanding accomplishments in technological innovation which contribute broadly to the development of industry and to the benefit of society.

Mr. Swain was honored for his leadership in the fields of engineering and management in the aerospace industry, which resulted in the development of many innovative and affordable military and commercial aerospace systems and technologies that are better protecting and connecting the peoples of the world today; and for his vision and dedication in helping Boeing become a global aerospace leader, which is helping build the technological, political, and economic strength of the United States in the 21st Century.

When he retired in October 2004, Swain was executive vice president of The Boeing Company and Chief Operating Officer of Integrated Defense Systems.  Named to this position in July 2003, he was responsible for ensuring operational excellence, business execution, and achievement of the IDS operating plan. 

Prior to this assignment, Dave Swain was appointed executive vice president of The Boeing Company and a member of the Office of the Chairman, in addition to his responsibility as Boeing chief technology officer.  He was responsible for enhancing the long-term competitive position and business value of Boeing by establishing and implementing a strategic technology vision for the enterprise. He was also chartered to provide strategic guidance to Boeing's emerging new businesses, Connexion by Boeing and Air Traffic Management and providing executive oversight to Boeing's key technology organizations -- Boeing Phantom Works, Boeing Ventures, the Intellectual Property Business, and External Technical Affiliations.  His top initiatives for the company were developing long-range, company-wide technology investment strategies; establishing and maintaining a highly skilled technical work force; promoting technical excellence and innovation; leveraging intellectual capital; and building strategic technical alliances domestically and internationally.

Dave Swain was named Boeing CTO and president of Boeing Phantom Works in 1999, after serving as Boeing vice president of Engineering and executive vice president of Phantom Works since 1997. 

In 1964 Swain joined McDonnell Douglas as an engineer on the manned Gemini project, and in 1987, became vice president and general manager for strategic business development for McDonnell Douglas Astronautics Company. He was named senior vice president and C-17 program manager for McDonnell Douglas Aerospace in 1991, a position he held until 1994 when he became vice president and general manager of Advanced Systems and Technology-Phantom Works for McDonnell Douglas, the R&D organization that was the prototype for the merged Boeing advanced R&D unit.

Swain holds a bachelor’s degree in aeronautical engineering from Purdue University and honorary doctorates in engineering from Purdue and from Rose-Hulman Institute of Technology.  He was the recipient of the 1993 Distinguished Engineering Alumnus Award and the 1999 Outstanding Aerospace Engineer Award from Purdue.

In addition to being a fellow of the American Institute of Aeronautics and Astronautics, a fellow of the Royal Aeronautical Society and a member of the Society of Automotive Engineers, Swain was recently named to the Defense Science Board’s task force on Future Need for VTOL/VSTOL (Vertical Takeoff and Landing/Short Takeoff and Landing) Aircraft.  He has also served as chairman of the NASA Aerospace Technology Advisory Committee and on the Board of Directors for the National Action Council for Minorities in Engineering.

About the Industrial Research Institute

The Industrial Research Institute (IRI) is the foremost business association of leaders in research and development (R&D) working together to enhance the effectiveness of technological innovation in industry. Founded in 1938 through the National Research Council, the IRI comprises senior executives from a diverse range of industries whose member companies are investing over $70 billion annually in R&D worldwide. The IRI is the leading cross-industry organization providing the R&D community with insights, solutions and best practices in innovation management developed through collaborative knowledge creation. For more information, call 703-647-2580 or visit the organization's Web site at www.iriinc.org.