C4i acquired by ITT Exelis

The Longreach Group has signed a share purchase agreement with US-based ITT Exelis for the acquisition of C4i Pty Ltd.

The finalisation of this sale is subject to Longreach shareholders voting in favour of the transaction, which is scheduled for the end of January 2013.

“C4i’s interoperable communications solutions and engineering talent will complement Exelis’s strong and successful record of integrating, deploying and operating large-scale communications networks for our air traffic management, commercial and defence customers,” said Michael R Wilson, president of Exelis Information Systems.

“This acquisition expands our portfolio of critical infrastructure solutions, builds on our presence in Australia and brings us closer to our customers and markets of interest.”

“C4i has been working with Exelis for a number of years on a variety of projects, including air traffic management solutions, air defence applications and network on the move projects. We are excited about this transaction as it provides the financial credentials to allow us to pursue larger projects and access greater markets for commercialising our already successful product range,” said Peter Harrison, managing director of C4i.

Post the sale concluding, C4i will continue its existing business plans with its current product development roadmap and sales focus in air traffic management, defence, public safety and resources sectors.