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 manufactures a family of runway-independent, long-endurance UAS including the ScanEagle, Integrator, and Integrator Extended Range. “The facility has been realised through Tawazun Council ...

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 ...

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, 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 ...