Latest News Mentioning Federal Aviation Administration (FAA)

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Raytheon (NYSE: RTN) has received a $135 million contract modification from the Federal Aviation Administration to complete the company’s work on updates to traffic control systems across 22 airports in the U.S. as part of the agency’s NextGen modernization program. The company will implement the Standard Terminal Automation System at th...

Iridium moves to take full ownership of Aireon Deal strengthens Iridium’s push into aviation surveillance and data services Acquisition supports future air traffic management and safety capabilities Iridium is moving to fully absorb Aireon, the space-based air traffic surveillance company it helped create more than a decade ago, in a deal that...

Parsons has reported $1.49 billion in first quarter 2026 revenue, down 4 percent year over year, while setting a quarterly record in adjusted EBITDA. What Were Parsons’ First Quarter Results? Excluding a confidential contract, the Chantilly, Virginia-based company said Wednesday that total revenue increased 8 percent and organic revenue r...

Reliable Robotics has raised $160 million in new funding to support the deployment and production of its Reliable Autonomy System, the autonomous aircraft systems company announced Tuesday. What Will the Funding Support? The company said the capital will be used to scale production and accelerate deployment of its Reliable Autonomy System, or R...

Naval Information Warfare Center Atlantic has issued a solicitation seeking contractor support for shipboard command, control, communications, computers, cyber and intelligence, or C5I, readiness, integration and technical services for the U.S. Coast Guard. The Potomac Officers Club’s 2026 Navy Summit on Aug. 27 will explore evolving nava...

The Department of Transportation is undergoing rapid transformation under Transportation Secretary Sean Duffy. Since stepping into the role in January 2025, Duffy has prioritized robust infrastructure investments, safety standards, and the speedy, efficient delivery of critical projects nationwide. DOT’s transformation presents ample opp...