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.

Boeing has agreed to sell parts of its digital aviation unit to private equity group Thoma Bravo for $10.55bn as the US group seeks to bolster its financial position.