Boeing sells defense subsidiary Digital Receiver Technology to Thales Defense & Security.

Boeing has sold its defense subsidiary, Digital Receiver Technology, which specializes in surveillance equipment for U.S. military intelligence, to Thales Defense & Security, part of Thales SA. This move is part of Boeing's strategy to improve its financial standing amid ongoing production delays, safety issues, and a month-long strike at its manufacturing plants. The financial details of the sale were not disclosed.

October 20, 2024
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