Boeing (NYSE:BA) has hired an adviser to explore the sale of Insitu, its defense subsidiary specializing in long-range military drones, Bloomberg News reported Monday, citing sources familiar with ...

The company had about 1,000 employees at its Bingen, Washington, headquarters in 2019, prior to layoffs. The Boeing Co. (NYSE: BA) is reportedly exploring the sale of Insitu, its Columbia Gorge ...

Insitu Inc., which Boeing acquired in 2008, is drawing interest from private equity firms and corporate buyers, said the people, who asked not to be identified because the discussions are ...

Developed by Textron Systems, the MK 4.8 Hybrid Quad (HQ) Aerosonde drone is now part of the U.S. Army’s Future Tactical Uncrewed Aircraft Systems (FTUAS) program. The U.S. Army revealed that ...

Insitu will deliver the items and related support services to the Navy, foreign military sales customers and other international business partners. The majority of contract work will occur in ...

Boeing, which acquired Insitu in 2008, could make $500m from the sale The divestitures will help Boeing focus resources on its key commercial and defence divisions. Image used for illustrative ...