Raytheon Technologies has reached an agreement to acquire flight tracking company FlightAware.
Raytheon Technologies on Monday said its Collins Aerospace segment has agreed to acquire FlightAware, which provides global flight tracking services and analytics to a range of customers including airlines, airports and government.
Terms of the deal, which is subject to regulatory approval, were not disclosed. Houston-based FlightAware has about 130 employees.
“Global connectivity now shapes and impacts every segment of aviation,” Dave Nieuwsma, head of avionics at Collins Aerospace, said in a statement. “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.”
Once the transaction closes, FlightAware will become part of Collins’ Information Management Systems portfolio with the Avionics business unit.
FlightAware extracts data from its own automatic dependent surveillance-broadcast receiver devices worldwide for air traffic surveillance. The company says its global flight tracking solutions, predictive technology and analytics are used by more than 10,000 aircraft operators and service providers.