Commercial, Military

Insitu CEO to Retire

By Tish Drake | January 28, 2011
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Insitu President and CEO Steven M. Sliwa announced he will retire from the company, effective April 1. The company has yet to name his successor, but said it expects to do so "soon."

Sliwa, who made the announcement Jan. 21, has been CEO of Insitu since 2001, helping guide it from 4 to more than 700 employees and $128 million in revenue in 2008. In 2008, Insitu, based in Bingen, Wash., was acquired by Boeing.

"We are excited to soon announce a new president and CEO who will build on today’s strong and respected leadership. Insitu is known for success, and we will continue to build on that track-record while preserving our innovative and collaborative spirit," the company said in a statement to Avionics Magazine on Jan. 21.

Insitu is a developer of a family of unmanned aircraft systems (UAS), including ScanEagle, NightEagle, Integrator and Inceptor. In July, the company was awarded the Small Tactical Unmanned Air System (STUAS)/Tier II contract from the Naval Air Systems Command (NAVAIR) for its Integrator UAS.

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