Looming Budget Cuts Threaten FAA's Air Traffic Overhaul

Law360, New York (August 13, 2012, 6:40 PM EDT) -- Indiscriminate budget cuts threaten to seriously destabilize the Federal Aviation Administration's long-running NextGen procurement, a multibillion-dollar series of contracts that aim to reduce flight delays by transitioning from a radar-based air traffic control system to a more accurate GPS-based system, according to a Monday industry report.

While recent government estimates place the cost of NextGen at up to $40 billion, the resulting efficiencies are expected to provide more than $281 billion in net economic benefits, save 27 million hours in flight delays and reduce 216 metric...
To view the full article, register now.