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. The ...

Boeing went on contract in 2019 and launched the first Orca prototype in 2023. Four more Orcas are under construction in Huntington Beach, California. The Orca hot production line would enable the ...

Navy Drone Ship Orca is a Mac Truck for Mine Warfare: The Navy’s new Orca undersea drone is the size of a Mac truck and could be a rapid capability ...

Boeing has been seeking to boost cash flow and reduce debt, previously testing interest in selling its Orca drone submarine business before deciding to keep it, according to Bloomberg News.

In 2024, Boeing checked the investors' interest in the assets of the Orca UAV submarine division and decided to keep the assets owned. Boeing is one of the world's largest manufacturers of aviation, ...

Boeing seeks to divest Insitu, shifting focus to core operations, with private equity and corporate buyers showing interest ...