Boeing said on Tuesday it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to private equity firm Thoma Bravo for $10.55 billion.

The deal, with the private equity firm Thoma Bravo, will help the struggling aerospace manufacturer pay down debt and streamline its operations.

Back in November, we first heard that aerospace stock Boeing (BA) might have an idea to sell off its Jeppesen operations to raise cash. Given