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 (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 ...

Saudi Aramco, in collaboration with Siemens Energy, has inaugurated the kingdom’s inaugural direct air capture unit, a pilot facility designed to extract 12 tonnes of carbon dioxide annually from the ...

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 ...