Would you like a free digital subscription?

Qualified international subscribers can receive full issues of High-Performance Composites and Composites Technology delivered in a convenient and interactive digital magazine format. Read at your convenience on your desktop or mobile device.

Yes, I would like a free digital subscription!

No thanks, please don't ask again.

Industry News
Insitu Inc.

 The Boeing Co. (Seattle, Wash.) announced on July 22 an agreement to acquire Insitu Inc. (Bingen, Wash.), a manufacturer of unmanned air systems (UAS) for intelligence, surveillance and reconnaissance (ISR). Boeing and Insitu have partnered since 2002 and together developed the successful ScanEagle UAS program

Author:
Posted on: 9/15/2008
High-Performance Composites

 The Boeing Co. (Seattle, Wash.) announced on July 22 an agreement to acquire Insitu Inc. (Bingen, Wash.), a manufacturer of unmanned air systems (UAS) for intelligence, surveillance and reconnaissance (ISR). Boeing and Insitu have partnered since 2002 and together developed the successful ScanEagle UAS program. Insitu's revenue is anticipated to be $150 million (USD) this year, 70 percent higher than in 2007. Terms of the cash transaction were not disclosed. The transaction is anticipated to close by the end of September. When acquired, Insitu will be a separate subsidiary under Boeing Integrated Defense Systems' Military Aircraft unit.

Learn More

Editor's Picks

Editor's Picks

Quatro supports Insitu in manufacture of next-gen UAS

Quatro Composites (Poway, Calif.), a designer and manufacturer of carbon fiber structures, has an...


Channel Partners