Collins Aerospace has announced plans to buy FlightAware, which provides the world’s largest flight tracking and data platform.
FlightAware will join Collins’ Information Management Services portfolio within the company’s Avionics strategic business unit, according to a news release.
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 in a statement. “[The deal] 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.
“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 is a part of Raytheon Technologies, which was formed in 2020 through the combination of Raytheon Company and United Technologies Corp.
Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense make up the remainder of the company, which has 195,000 employees globally.
Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals.
