A Note From Our President & Founder Jim Garrettson
This past Wednesday, President Trump brought attention to his plan to overhaul the crumbling infrastructure of the U.S. During a speech in Cincinnati, Ohio, Trump called for bipartisan cooperation to âjoin in the great rebuilding of America.â
The infrastructure modernization efforts proposed by President Trump will focus on improving our nationâs highway systems, waterways, electrical systems and airway systems. The White House aims to achieve the goal of rebuilding American infrastructure primarily through public-private partnerships, funded by $200 billion in tax breaks over a nine-year period that could potentially generate $1 trillion worth of construction. The White House believes that $200 billion in direct federal spending will be the catalyst for an $800 billion spending and investing boom from cities, states and the private sector.
The takeaway is that there is going to be a great deal of movement and opportunity in the infrastructure sector in the next few years.
One area where there are plenty of opportunities is air traffic control. On Monday, President Trump announced a plan to remove tracking and guiding planes from the Federal Aviation Administration’s purview and privatize the U.S. Air Traffic Control (ATC) system. The ATC system currently in use was designed before air travel became as common as it is today. The aged ATC system is straining to monitor the high number of planes in the skies and struggling to make sure that flights are safe and operate on a reliable schedule.
Although the FAA has been working on modernizing ATC, progress has been painfully slow. The proposal to privatize air traffic control is strongly favored by commercial airlines, and many executives from those companies joined Trump to announce the plan.
According to the White House plan, a private, nonprofit corporation will be created to operate and manage air traffic control for the entire nation. The plan doesnât shut the FAA out entirely, as it will be given some oversight capabilities, but primary control over ATC will be given to a board comprised of major airline representatives.
President Trumpâs push to revamp American infrastructure across the board and his desire for a privatized ATC will open up numerous opportunities for private sector companies to become involved. We can expect to see RFIs and RFPs from numerous agencies to bolster the nationâs aging infrastructure, especially if the White Houseâs prediction of $800 billion in private sector investment and spending comes true. As for the privatization of ATC, we can expect to see movement from companies interested in taking part in the endeavor and when the transition is completed we will likely see many requests for various products and services needed to successfully track and monitor flights.
DHS Cancels $1.5B Contract for Agile Development Services The Department of Homeland Security (DHS) announced to the several companies and the Government Accountability Office (GAO) that it has cancelled its $1.5 billion contract vehicle for agile development services.
Level 3âs Jeff Storey to Succeed Glen Post as CenturyLink CEO in 2019
Jeff Storey, president and CEO of Broomfield, Colorado-based Level 3 Communications, will serve as president, chief operating officer and board member at CenturyLink once the Monroe, Louisiana-based telecommunications firm completes its planned $34 billion acquisition of Level 3.
General Dynamics’ (NYSE: GD) information technology business has booked a $712 million task order from the Department of Homeland Security for the continuation of its modernization of the agency’s St. Elizabeths Campus in Washington, D.C. The task order includes enhancements in IT and cybersecurity, as well as operations and maintenance and logistics support, the company
TYSONS CORNER, VA, Oct. 24, 2022 — Verizon (NYSE: VZ) has secured a $1.58 billion task order from the State Department to modernize technology and network infrastructure at U.S. embassies across the globe over a 10-year period, ExecutiveBiz reported. The Enterprise Infrastructure Solutions award also covers information technology services such as network platform implementation and
IBM (NYSE: IBM) will spin off its managed infrastructure services unit into a public company in a move to focus on its growth strategy for hybrid cloud and advance artificial intelligence capabilities. "Client buying needs for application and infrastructure services are diverging, while adoption of our hybrid cloud platform is accelerating. Now is the right time to create two market-leading companies focused on what they do best,” said IBM CEO Arvind Krishna.