FAA launches $12.5B modernization plan [USA TODAY]
International Business Machines Corporation (IBM)
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Source: USA TODAY
FAA, DOT announce plans to modernize air traffic control, reduce flight delays In the wake of technology failures at Newark Liberty International Airport, the plans are aimed at improving safety and efficiency for air travel. The Federal Aviation Administration said on Thursday it has picked Peraton, a national security company owned by Veritas Capital, as the project manager of a $12.5-billion effort to overhaul the aging U.S. air traffic control system. The selection comes after Congress approved a $12.5-billion plan in July to overhaul the air traffic control system and boost controller hiring, following decades of complaints over airport congestion, technology failures and flight delays. Peraton will be the single integrator to manage the massive project and deliver it on time without air traffic disruptions, said the FAA, which picked the firm over a joint bid by Parsons and IBM, among two it confirmed in September. "We are taking bold action to ensure our air traffic
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