Boeing to sell Insitu, SkyGrid and Wisk Aero to Archer
Boeing plans to sell three subsidiaries — drone maker Insitu, air-traffic management firm SkyGrid, and electric aircraft maker Wisk Aero — to eVTOL company Archer. The deals are expected to close by year-end pending regulatory approval, Breaking Defense reported.
Why it matters: Insitu is a major military UAS supplier; the sale reshapes who owns a key piece of the U.S. drone industrial base.