Boeing (NYSE:BA) hired an adviser to sell its defense subsidiary Insitu, a maker of small, long-range military drones, Bloomberg News reported Monday, citing people familiar with the matter.

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 ...

Boeing Co., an American corporation for the production of aviation, space and military equipment, has engaged consultants to evaluate the proposed sale of a subsidiary of Insitu Inc., a manufacturer ...

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 ...

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 ...

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 ...