Boeing to Sell 3 Autonomous Flight Subsidiaries

Boeing has agreed to sell three of its autonomous flight subsidiaries to Archer Aviation. Archer Aviation is a company that is currently developing a piloted electric aircraft. In return for the sale, Boeing will acquire a 16.5 percent stake in Archer Aviation, marking a significant investment in the company. The sale is part of Boeing's efforts to restructure its portfolio and focus on key areas of its business.

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