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Harris To Buy SolaCom Technologies Unit

June 5, 2009 (FinancialWire) — Harris Corp. (NYSE: HRS) said it has signed a definitive agreement to acquire the air traffic control business unit of SolaCom Technologies, Inc., a privately held Canadian firm.

SolaCom’s ATC business has around 50 employees, who provide voice and data communication systems and solutions for air traffic facilities and radio communications between airplanes in flight and air traffic controllers.

Harris said it expects to complete the acquisition of SolaCom’s ATC business by the end of June.mergers_acquisitions_225px-w_bw

In a statement, the company said that the SolaCom ATC acquisition will provide Harris the ability to address all segments of the air traffic control voice and data systems market and further positions the company to support the Federal Aviation Administration “next generation” air transportation system.

Harris is the prime contractor for the $3.5 billion, 15-year FAA telecommunications infrastructure program, which was awarded to Harris in 2002. The company is upgrading and improving telecommunications and operations functions at more than 4,000 FAA facilities nationwide.

The company also provides the FAA’s a system that allows air traffic controllers to establish air-to-ground and ground-to-ground communications with pilots as well as other air traffic controllers.

Melbourne, Florida-based Harris is a communications and information technology company serving government and commercial markets.

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