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Synopsis
Collins Aerospace, one of the world's largest suppliers of aerospace and defense products, completed the acqusition of FlightAware, a digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools. Financial terms were not disclosed. "The world's aerospace companies and aircraft operators are looking to digital aviation to provide the next revolution in aviation efficiency and reliability. and 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," Daniel Baker, FlightAware CEO.
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