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Market Chatter: Boeing Mulls Sale of at Least 2 Defense Businesses
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Market Chatter: Boeing Mulls Sale of at Least 2 Defense Businesses
Mar 19, 2024 8:38 AM

11:09 AM EDT, 03/19/2024 (MT Newswires) -- Boeing ( BA ) is weighing the potential sale of at least two of its defense businesses, Bloomberg News reported Tuesday, citing unnamed sources.

Financial advisers have reached out to potential suitors on the aircraft maker's behalf to assess interest in several smaller units, the news outlet reported, citing people familiar with the talks. The company's Digital Receiver Technology unit is among the assets potentially under consideration, according to the report.

Boeing ( BA ) declined to comment, Bloomberg reported.

The company didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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