Collins Aerospace has signed an agreement to acquire FlightAware, a digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools.
Closure of the acquisition 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 have not been disclosed.
“Global connectivity shapes and impacts every segment of aviation”
Dave Nieuwsma, Collins Aerospace’s head of Avionics, said: “Global connectivity now shapes and impacts every segment of aviation. 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.”
“The world’s aerospace companies and aircraft operators are looking to digital aviation to provide the next revolution in aviation efficiency and reliability,” added 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.”
FlightAware is based in Houston, Texas and has approximately 130 employees. The company was was founded in 2005 as a provider of real-time and historical flight information and insights to the global aviation community. The company serves all segments of the aviation marketplace through applications and data services that provide comprehensive information about the current and predicted movement of aircraft. The company transforms millions of raw flight data elements and delivers them as coherent, easy-to-consume flight stories.