Dec. 16 at 4:44 PM
US FAA says it will commit over
$6B by the end of the year to replace air traffic control telecom equipment & install new radar systems that will be deployed by the end of 2028.
Congress in June approved
$12.5B to reform the aging US air traffic control system & the Trump admin wants another
$19B or more to complete the effort.
The FAA say the old system has resulted in travel disruptions w/ flight delay minutes due to equipment issues up about +300% in 2025 compared to the avg from 2010 to 2024.
Peraton to serve as the "prime integrator"
$RTX $LHX $LDOS $PSN $ACM