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

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

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

The US Federal Aviation Administration (FAA) and Department of Transportation awarded Brand New Air Traffic Control System ...

The US Department of Transportation has chosen technology firm Peraton to serve as prime integrator for the Federal Aviation ...

The security and technology company, which is owned by private equity firm Veritas Capital, will manage the construction of a ...

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

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 ...

Peraton will be the single integrator to manage the massive project and deliver it on time without air traffic disruptions, said the FAA, which picked the firm over a joint bid by Parsons and IBM.

US Department of Transportation Secretary Sean P Duffy and Federal Aviation Administrator Bryan Bedford on Thursday (local time) announced Peraton will be the Prime Integrator to lead the most ...

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 ...