Boeing Co., in a move to shore up its position in the market for small unmanned aerial vehicles, said it is acquiring closely held Insitu Inc., one of the leading makers of sophisticated remote-controlled aircraft. Boeing didn't disclose the terms of the deal, but the Chicago aerospace company's acquisition is part of a growing trend of big defense-industry players seeking to fill holes in their product lines by swallowing smaller companies with innovative technologies. This market is especially important because ... [ more... subscription required... ]

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