Collins Aerospace has signed an agreement to acquire FlightAware, a privately-held digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools, company officials announced Monday.
Based in Houston with approximately 130 employees, FlightAware was founded in 2005 and is a leading provider of real-time and historical flight information and insights to the global aviation community.
The deal is subject to the completion of customary conditions and regulatory approvals. Following closing, FlightAware will join Collins’ Information Management Services portfolio within the company’s Avionics strategic business unit.
Financial terms of the agreement were not disclosed.
“Global connectivity now shapes and impacts every segment of aviation,” said Dave Nieuwsma, Collins Aerospace’s head of Avionics. “FlightAware is the recognized 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.”
“The world’s aerospace companies and aircraft operators are looking to digital aviation to provide the next revolution in aviation efficiency and reliability,” said Daniel Baker, CEO of FlightAware, “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.”
Collins Aerospace is a division of Raytheon Technologies, based in Waltham, Mass.
