Boeing buys DRT in intel expansion move

ST. LOUIS, Nov. 17 (UPI) -- U.S. company Boeing announced plans to expand its surveillance and intelligence offerings through the acquisition of Digital Receiver Technology Inc.

Boeing announced an agreement to buy Maryland-based DRT as part of a move to expand further into the homeland security and defense intelligence market. Terms of the acquisition were not disclosed.

DRT develops surveillance and tracking equipment hardware and software technologies, including wireless receivers and transceivers.

"This acquisition is another move in our strategy to expand our presence in the growing intelligence market," Jim Albaugh, Boeing Integrated Defense Systems president and chief executive officer, said in a statement.

"With DRT on our Boeing team, we have expanded our ability to offer military and law enforcement customers improved tools for gathering, analyzing and sharing intelligence."