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The Federal Aviation Administration (FAA) has awarded a potential seven-year, $24 million contract to a University of Maryland-led consortium that conducts research on operational issues facing the government and commercial aviation sectors. It marks the agency's second funding renewal to support the National Center of Excellence for Aviation O...
The Federal Aviation Administration has partnered with Raytheon (NYSE: RTN) to modernize an automated system that helps U.S. air traffic controllers manage the spacing and sequencing of aircraft. "We want air traffic controllers to have the best tools available to manage the increasingly complex airspace around our airports," said Dave Wa...
This week, Capital One signed an agreement to acquire KippsDeSanto & Co., a leading investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies. Joining Capital One was a natural next step in the growth plan for us at KippsDeSanto, said Kevin DeSanto, co-founder and manag...
NICE (Nasdaq: NICE) has secured a potential 10-year, $137M contract to help the Federal Aviation Administration implement a software platform to manage transportation incident data and investigations. The company said Thursday it will update FAA's debriefing platforms at 770 agency facilities worldwide....