Raytheon Technologies subsidiary Collins Aerospace on Monday evening announced that it signed a definitive agreement to acquire aircraft flight tracking, data, and analysis company FlightAware. Financial terms were not disclosed, and the deal is subject to regulatory approvals. Following closing, FlightAware will join Collins’ information management services portfolio within the company’s avionics business unit.
“Global connectivity now shapes and impacts every segment of aviation. 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,” said Collins Aerospace avionics head Dave Nieuwsma. “FlightAware’s flight tracking and data platform…has the potential to deliver new capabilities and innovations across our entire business,” though he did not elaborate further.
FlightAware CEO Daniel Baker added that “aerospace companies and aircraft operators are looking to digital aviation to provide the next revolution in aviation efficiency and reliability.” He said the tie-up with Collins Aerospace will allow FlightAware “to continue to lead that revolution at an even broader scale.”
https://www.ainonline.com/aviation-news/business-aviation/2021-08-30/collins-aerospace-makes-play-flightaware
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Collins Aerospace Makes Play for FlightAware – Aviation International News
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