Summary:
Boeing is reportedly in search of buyers for its subsidiary Insitu, a producer of small military drones. This move is part of Boeing’s strategy to divest non-core assets and concentrate on its primary commercial and defense sectors, as reported by Bloomberg News. An advisor has been hired to facilitate the sale.
Executive Summary:
Boeing is actively seeking to sell its Insitu drone unit to refocus on its central commercial and defense operations, indicating a strategic shift toward shedding non-essential assets. The company has engaged an adviser to explore potential buyers for the subsidiary.
12ft.io Link: https://12ft.io/https://seekingalpha.com/news/4412508-boeing-looks-for-buyers-of-insitu-drone-unit-amid-effort-to-shed-assets
Archive.org Link: https://web.archive.org/web/https://seekingalpha.com/news/4412508-boeing-looks-for-buyers-of-insitu-drone-unit-amid-effort-to-shed-assets
Original Link: https://seekingalpha.com/news/4412508-boeing-looks-for-buyers-of-insitu-drone-unit-amid-effort-to-shed-assets
User Message: Who wants a gently used drone company in the heart of the PNW? Boeing is said to look for buyers of Insitu drone unit (BA:NYSE) | Seeking Alpha
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