Collins Aerospace to acquire FlightAware

Collins Aerospace announced earlier this week that it has signed an agreement to acquire digital aviation company FlightAware, which will join its Avionics strategic business unit.

FlightAware is a Houston-based company founded in 2005 that provides real-time and historical flight information. They currently have around 130 employees. The company uses data from air traffic control systems and its own monitoring stations in 195 countries to provide global flight-tracking data, according to its website.

“Global connectivity now shapes and impacts every segment of aviation,” Collins Aerospace’s head of Avionics, Dave Nieuwsma said in a release. “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.”

Collins Aerospace has nearly 9,000 employees in Eastern Iowa.

Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals. The financial terms of the agreement were not disclosed.