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Boeing Sells Divisions, Keeps Tech and Stake | Raleigh News
Description
Boeing’s big move: selling off Wisk Aero, Insitu, and SkyGrid to Archer Aviation unlocks major strategic wins. While it looks like a retreat from cutting-edge tech, Bank of America sees it as smart streamlining — shedding non-core assets while keeping a 19.75% stake in Archer plus valuable IP rights. The cash infusion and freed-up resources could supercharge 737 and 787 production, accelerate F-47 and space programs, and even open doors for future aircraft like a midsize jet or blended-wing-body design. It’s not goodbye — it’s repositioning for bigger, bolder moves.
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