Parsons (PSN) -18.3% pre-market Friday after the Federal Aviation Administration awarded a multi-billion dollar contract to ...

The FAA chose Peraton to manage a $12.5B overhaul of the nation’s aging air traffic control system, promising faster, safer, ...

The Federal Aviation Administration said on Thursday it has picked Peraton, a national security company owned by Veritas ...

Peraton issued the following statement from its Chairman, President, and CEO Steve Schorer upon being awarded the Brand New Air Traffic Control System (BNATCS) contract by the U.S. Federal Aviation ...

The government picked a company with little experience working with the Federal Aviation Administration called Peraton to ...

In a landmark move for the aviation industry, the Federal Aviation Administration (FAA) has embarked on one of the most ...

The FAA selected Peraton as prime integrator for a multibillion-dollar overhaul of the US air traffic control system, with ...

The Federal Aviation Administration announced Peraton will be the integrator overseeing an overhaul of its air traffic control system, beating competitor Parsons.

The USDOT and the FAA appointed Peraton as the nation’s first-ever “Prime Integrator” to lead the modernization of America's ...

The U.S. Department of Transportation (DOT) and FAA are overseeing work on what Transportation Secretary Sean Duffy has dubbed the “brand new air traffic control system” (BNATCS), an initiative to ...

The Reston firm beat a joint bid from Parsons Corp. and IBM to win the $12.5 billion contract.

The loss of the approximately $12.5 billion contract represents a significant setback for Parsons, which had been widely considered a frontrunner for the prime integrator role on the project to ...