US aerospace and defence manufacturer Boeing announced on 5 October that it is seeking to acquire Aurora Flight Sciences Corporation, a specialist in innovative autonomous systems and technologies, including unmanned aerial vehicles (UAVs), electric air propulsion, and aircraft design.
Following the completion of the transaction, whose value was not disclosed, Aurora will become a subsidiary of Boeing, under its Boeing Engineering, Test & Technology business unit.
Greg Hyslop, chief technology officer and senior vice president of Boeing Engineering, Test & Technology, said, “The combined strength and innovation of our teams will advance the development of autonomy for our commercial and military systems.
Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options ihs.com/contact