M&A

Lockheed Martin acquires German air traffic forecasting firm

Lockheed Martin has acquired BEONTRA AG, a provider of integrated traffic, capacity and revenue planning software for major airports.

“BEONTRA’s capabilities expand our business in commercial airport information technology solutions,” said Marillyn Hewson, Lockheed Martin Chairman, President and CEO. “Their experience with traffic, capacity and revenue planning combined with our existing portfolio of commercial aviation products and services positions Lockheed Martin to be a leader in this rapidly growing market.”

Germany-based BEONTRA is a player in the air traffic market and specializes in forecasting demand, planning for route and infrastructure development, and has more than 40 airport operator customers across five continents, Lockheed said in a release.

“The Chroma Airport Suite, recently acquired by Lockheed Martin, is widely recognized as the leading airport operational platform in the industry and being able to bring BEONTRA’s software to that platform will enhance that position,” said BEONTRA CEO Christian Roth.

About the Author

Mark Hoover is a senior staff writer with Washington Technology. You can contact him at mhoover@washingtontechnology.com, or connect with him on Twitter at @mhooverWT.

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Thu, Mar 20, 2014 Slim Jim New Orleans, LA

The big get even bigger.

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