Latest News

FAA spending $36 billion to upgrade air traffic control system

The Federal Aviation Administration is in the midst of a planned $36 billion modernization of the nation’s air-traffic control system. Begun in 2003, the Next Generation Air Transportation System, or NextGen, has received about $7.4 billion in funding from Congress so far.

These monies, along with ongoing support for airport operations and other safety programs, translate to $4 billion to $5 billion in annual FAA contract obligations, according to Bloomberg Government’s contract database.

Click here to read more.

Outlet: Bloomberg
Author: Paul Murphy
Type: Online
Date: March 14, 2017
Title: FAA spending $36 billion to upgrade air traffic control system
Link: https://www.bloomberg.com/professional/blog/faa-spending-36-billion-upgrade-air-traffic-control-system/