The Transportation Department is pushing hard for the new system to go online in 2028, with a price tag for modernization that could reach $31.5 billion. Peraton has won the massive contract to lead a ...

Airlines are gradually getting flight schedules back to normal. Congress can shut down government operations, but when airlines cancelled flights, Americans took notice. It’s clear that the Air ...

The government picked a company with little experience working with the Federal Aviation Administration, called Peraton, to oversee the roughly $31.5 billion overhaul of the outdated air traffic ...

Shares of government contractor Parsons closed down on Friday after the government selected someone else to update America’s air-traffic control system. Investors thought that the business was going ...