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Boeing’s defense arm weighs sale of small surveillance business

Summary by Ground News
Boeing has engaged financial advisers to seek out potential buyers for its Digital Receiver Technology Inc. Boeing acquired Germantown, Md.-based DRT in 2008, when the aerospace giant was seeking to expand its presence in the intelligence sector. A source with knowledge of the discussions told Breaking Defense that conversations about the DRT sale have been going on for about a year.

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Breaking Defense broke the news in on Tuesday, March 19, 2024.
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