Indra Acquires Selex Air Traffic Business in the US

indra Monday was informed of the acquisition of air traffic business Silex, a company associated with the Leonardo Group, which would become Indra Air Traffic Inc. Selex has installed air navigation assistance systems in 110 countries. From the Spanish multinational, in which the public company Sepi participates, they shed light on this process It will enhance the catalog of Indra products With solutions such as the only FAA-approved Distance Measuring Equipment (DME).”

In this sense, from Indra, they predicted that the purchase would be completed in the first quarter of 2023 and stated that it is subject to US competition authority approval. Specifically, from the Committee on Foreign Investment in the United States (CFIUS).

From the company they highlighted that the acquired business will strengthen Indra’s position «With a view to the expected maintenance of the infrastructure of air navigation services in that country.” In this regard, they explained that the multinational is spearheading the digitization and sustainable transformation of air traffic management through investments in research and development linked to the Single European Skies (Unified European Digital Sky) project.

In this regard, they noted that Indra is involved in the deployment of air traffic management automation systems in European main control centers and in flow management (Eurocontrol). In addition to other similar programs in Central Europe and Asia “after a slowdown during the pandemic crisis that affected the entire sector.”

“This acquisition, The most important purchase we’ve made so far in the US In the ATM sector, this will strengthen us as a leading global player in the industry, particularly in the Air Navigation Assistance Systems sector,” noted Ignacio Mataix, CEO of Indra.

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