New subsidiary to accelerate development of autonomous technology
Manassas, VA, November 8, 2017 – Boeing [NYSE: BA] completed the acquisition of Aurora Flight Sciences Corporation, a world-class innovator, developer and manufacturer of advanced aerospace platforms and autonomous systems. Aurora will operate under Boeing Engineering, Test & Technology as a subsidiary called Aurora Flight Sciences, A Boeing Company. It will retain an independent operating model while benefiting from Boeing’s resources and position as the leading provider of aerospace products and services.
Boeing first announced the agreement with Aurora on Oct. 5, 2017, pending U.S. government approval. Terms of the approved deal were not disclosed and do not affect Boeing’s financial guidance.
Headquartered in Manassas, Virginia, Aurora has more than 550 employees and operates in six locations including research and development centers in Cambridge, Massachusetts, and Luzern, Switzerland; manufacturing facilities in Bridgeport, West Virginian and Columbus, Mississippi with offices in Dayton, Ohio, and Mountain View, California.
Forward-Looking Information Is Subject to Risk and Uncertainty
Media Contacts:
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Boeing                                                                                                                                Aurora
Sandy Angers                                                                                                                  Shelly Simi
(206) 851-7974Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (571) 379-0071
sandra.l.angers@boeing.com                                                                             simi.shelly@aurora.aero
About Aurora Flight Sciences:Â
Aurora Flight Sciences, A Boeing Company is an innovative technology company which strives to create smarter aircraft through the development of versatile and intuitive autonomous systems. Operating at the intersection of technology and robotic aviation, Aurora leverages the power of autonomy to make manned and unmanned flight safer and more efficient. Headquartered in Manassas, Virginia, Aurora has more than 550 employees and operates in six locations, including research and development centers in Cambridge, Massachusetts, and Luzern, Switzerland; manufacturing facilities in Bridgeport, West Virginia, and Columbus, Mississippi; and offices in Dayton, Ohio, and Mountain View, California. To view recent press releases and for more about Aurora please visit our website at www.aurora.aero.
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