Collins Aerospace will acquire FlightAware to deliver newer innovations and capabilities across their businesses
31 August 2021: Collins Aerospace has signed a definitive agreement to acquire privately held FlightAware. The acquisition will be finalised with the completion of customary conditions and regulatory approvals. FlightAware is a leading digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools.
Dave Nieuwsma, Collins Aerospace’s head of Avionics said, “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. 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.”
Daniel Baker, CEO of FlightAware said, “The world’s aerospace companies and aircraft operators are looking to digital aviation to provide the next revolution in aviation efficiency and reliability. 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.”
Following closing, FlightAware will join Collins’ Information Management Services portfolio within their Avionics strategic business unit. Financial terms of the agreement were not disclosed.
