Boeing (NYSE:BA) hired an adviser to sell its defense subsidiary Insitu, a maker of small, long-range military drones, Bloomberg News reported Monday, citing people familiar with the matter.

Boeing (NYSE:BA) has hired an adviser to explore the sale of Insitu, its defense subsidiary specializing in long-range military drones, Bloomberg News reported Monday, citing sources familiar with ...

Insitu Inc., which Boeing acquired in 2008, is drawing interest from private equity firms and corporate buyers, said the people, who asked not to be identified because the discussions are ...