Connect with us

Hi, what are you looking for?

BUSINESS

Verizon gets $2.4 billion FAA technology deal

Verizon
Photo: Verizon Communications

Verizon Communications won a $2.4 billion deal to improve the FAA’s technological infrastructure.

According to the FAA, Verizon will develop a secure communications and administrative network. An agency spokesperson said the contract would last 15 years and reach its full amount if the FAA exercises all options.

Verizon will develop a network “to handle all of the agency’s mission-critical applications,” including air traffic control for over 45,000 aircraft daily.

The deal was announced Thursday, three months after a critical alert system failed, suspending flights nationwide. In addition, contractors mistakenly erased database and backup files, the FAA said.

FAA officials want to update the alert system and other systems. Airlines urged Lawmakers to finance FAA technology.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.
SUBSCRIBE

You May Also Like

BUSINESS

If you’re looking to make life a little easier (who isn’t?), smart devices are a simple way to upgrade your daily routine. While technology...

TECH

“If we find something we’re super excited about, we’ll probably make a go of it!” It’s been almost seven years since Nvidia released its...

FINTECH

Apple may be looking beyond its long-rumoured foldable iPhone, with reports suggesting the company is also exploring a flip-style folding device. The idea of...

Electronics

The modern desk has become a hybrid space. It’s where work, communication, and creative tasks overlap, often for long stretches of the day. As...

SUBSCRIBE

The future of technological innovation is here. Be the first to discover the latest advancements, insights, and reviews. Join us in shaping the future.