7-Dec-2009 9:26 AM

FAA solicits bids for NextGen contracts worth USD7 billion

FAA announced (04-Dec-2009) it is soliciting bids from teams of companies interested in competing for NextGen support contracts, with an approximate combined value of USD7 billion. Under the umbrella awards, called System Engineering 2020 (SE2020), the FAA will award as many as five separate contracts for research and development and systems engineering work. Five-year contracts will be awarded in Northern Summer 2010, with subsequent three- and two-year options. [more]