Hunton Andrews Kurth Advises Leonardo S.p.A. on Sale of Air Traffic Management Business Line

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May 17, 2023
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Hunton Andrews Kurth LLP represented Italian multinational Leonardo S.p.A. in the sale of the Air Traffic Management (“ATM") activities of Selex ES Inc., its wholly owned US subsidiary, to Indra Air Traffic, Inc., a wholly owned subsidiary of Spanish company Indra Sistemas S.A. The ATM line of business will be incorporated as Indra Air Traffic, Inc., and will provide services across the globe.

Kansas-headquartered Selex ES Inc., is a leader in air traffic management, law enforcement and communications technologies. Its ATM business is a leading developer and manufacturer of en-route navigation, surveillance and precision approach and landing systems.

The Hunton Andrews Kurth team advising on the transaction was led by partner Fernando C. Alonso with assistance from associate Jessica Rivero. Partner Eric Markus and associate Sevren Gourley provided advice in connection with CFIUS matters.

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