19 March 2014
Lockheed Martin (NYSE: LMT) said it has acquired Beontra AG, a provider of integrated planning and demand forecasting tools for airports around the world.
The terms of the agreement were not disclosed and are not material to Lockheed Martin.
“Beontra´s capabilities expand our business in commercial airport information technology solutions,” said Marillyn Hewson, Lockheed Martin chairman, president and CEO.
Headquartered in Karlsruhe, Germany, Beontra and its integrated traffic, capacity and revenue planning software for airports is in use at some of the world´s major airports including Dubai, London Heathrow, Sydney, Copenhagen, Frankfurt, Schiphol and Munich.
BEONTRA is a leader in forecasting demand for air traffic capacity, planning for route and infrastructure development, and has more than 40 airport operator customers across five continents.
Headquartered in Bethesda, Md., Lockheed Martin is a global security and aerospace company that employs approximately 115,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products and services. Its website is at http://www.lockheedmartin.com.