Indra signs binding agreement to acquire from Leonardo, Selex ES Inc’s air traffic management line of business to enter the USA and consolidate its global leadership
- This line of business, which will be incorporated as Indra Air Traffic Inc., designs and manufactures navaids (air navigational aid systems) in the United States and markets them worldwide.
- The assets that Indra will acquire, include the only FAA-certified DME. The acquired line of business is also a key supplier for the USAF and Navy and it has developed a new TACAN.
- This acquisition will position Indra as a top-tier global player in the navaid segment.
Indra, a leading global technological engineering technology for the aerospace, defence and mobility sectors, has acquired the Air Traffic Management line of business from within Selex ES Inc. (Leonardo Group) and is set to incorporate it into Indra Air Traffic Inc.
Selex has installed air traffic navigation systems in 110 countries. The acquisition will enhance Indra’s product portfolio with solutions such as the only Distance Measuring Equipment (DME) fully qualified by US Federal Aviation Administration (FAA), a recognized VOR used for en-route and approach navigation, and a TACAN, providing navigational information to military and civilian aircraft. Selex also holds a solid market share within instrument landing systems (ILS), in particular in North America as the sole provider to the US Air Force and US Navy.