Collins Aerospace has signed a definitive agreement to acquire digital aviation company FlightAware.
Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals, while financial terms of the agreement have not been disclosed.
FlightAware provides global flight tracking solutions, predictive technology, analytics and decision-making tools. The company is based in Houston, Texas, with approximately 130 employees and was founded in 2005.
Following closing, FlightAware will join Collins’ information management services portfolio within the company’s avionics strategic business unit.
“Global connectivity now shapes and impacts every segment of aviation,” Collins Aerospace’s head of avionics Dave Nieuwsma. “FlightAware is the recognised leader in data collection, analytics and customer experience, which will help Collins unlock the full power of the connected ecosystem for our customers.
“FlightAware’s flight tracking and data platform, the largest in the world, has the potential to deliver new capabilities and innovations across our entire business.”
FlightAware’s CEO Daniel Baker commented: “The world’s aerospace companies and aircraft operators are looking to digital aviation to provide the next revolution in aviation efficiency and reliability and we are excited to join Collins Aerospace and Raytheon Technologies at this pivotal time to continue to lead that revolution at an even broader scale.”