Sign In
Search
Business/Financial

Boeing To Acquire UAV Developer Insitu

DDN
SHARE:

By Calvin Biesecker Boeing [BA] yesterday said it has agreed to acquire Insitu, Inc., a small firm that developed and built the ScanEagle unmanned air system and with which it has teamed for the past six years, in an effort to secure a stronger position in the market for unmanned aerial vehicles (UAV). Terms of the deal, which is expected to close by the end of September, were not disclosed. Insitu is demonstrating strong growth, with sales expected to reach…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Defense Watch

Defense Watch: LWCLU Award, Dutch FMS, UGVs in UKR, Drone U, Vectis Overseas

Defense Watch

Defense Watch: BAE Deck Launcher, SSN-788, Swedish Saildrone, XQ-57A, Leidos Dividend

Trending

U.S. Space Force Cislunar Space System Under Consideration
HII Says Frigate On Schedule To Be In Water By 2028 If Contract By Early FY ’27
Boeing To Receive Up to $945.9 Million Sole Source Contract for MILSATCOM Sustainment
Lockheed Martin Also Nabs Spot In Next Round Of Army C-UAS Interceptor Program
Firehawk Raises $150 Million-Plus To Build Out Rocket Motor And Missile Integration Plants

Congress Updates

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

Air Force

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume