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Boeing Closes Deal For Aurora Flight Sciences

Cal Biesecker By
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Boeing Closes Deal For Aurora Flight Sciences
The 20-percent scale model of the Aurora LightningStrike Vertical Take-off and Landing Experimental Plane (VTOL X-Plane) undergoes a flight test in Maryland. Photo: Aurora Flight Sciences.

Boeing [BA] on Wednesday completed its acquisition of Aurora Flight Sciences, boosting its ability to more quickly develop autonomous technologies for flight.Terms of the deal, which was first announced in early October, were not disclosed. Aurora will retain its name and independent operating model, functioning as a subsidiary under Boeing Engineering, Test & Technology.The acquisition isn’t material to Boeing’s financial guidance, but it does help position the company for potential changes ahead in how aircraft operate, both commercial and military.Last…

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