Harris Buys ATC Business From SolaCom Technologies
June 22, 2009 (FinancialWire) — Harris Corp. (NYSE: HRS) has closed its acquisition of the air traffic control unit of SolaCom Technologies, Inc., a privately held company based in Canada.
The SolaCom ATC product line provides voice and data communication systems and solutions for air traffic facilities and radio communications between airplanes in flight and air traffic controllers. These next-generation radio control equipment solutions provide extremely.
Harris said that SolaCom’s ATC product line will give it the ability to address additional 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, or NextGen.
The company is the prime contractor for the $3.5 billion, 15-year FAA Telecommunications Infrastructure program, which was awarded to Harris in 2002.
Under the award, Harris is upgrading and improving telecommunications and operations functions at more than 4,000 FAA facilities nationwide.
Melbourne, Florida-based Harris is a communications and information technology company serving government and commercial markets in more than 150 countries.
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