www.wingsmagazine.com

News
Boeing completes acquisition of Insitu

NEWS HIGHLIGHT

Boeing completes acquisition of Insitu
The Boeing Company has completed its acquisition of Insitu Inc., a pioneer in the unmanned air systems market and leader in the design, development and manufacture of high-performance, low-cost UAS used for intelligence, surveillance and reconnaissance.


September 9, 2008
By Administrator

The
Boeing Company has completed its acquisition of Insitu Inc., a pioneer
in the unmanned air systems (UAS) market and leader in the design,
development and manufacture of high-performance, low-cost UAS used for
intelligence, surveillance and reconnaissance.

Insitu, located in Bingen, Wash., designs, develops and manufactures
UAS for commercial and military applications. This acquisition, first
announced on July 22, 2008, is part of a larger plan to increase
Boeing's presence in the unmanned systems market.

Insitu will be a separate subsidiary under Boeing Integrated Defense
Systems' Military Aircraft unit. It will retain an independent
operating model while benefiting from Boeing's vast resources.


Print this page

Related



Leave a Reply

Your email address will not be published. Required fields are marked *

*