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Partnership lowers the sky high cost of NextGen

As a public-private partnership, the NextGen Equipage Fund, LLC will bring substantial private-sector capital to overcome the investment barriers that have prevented many air carriers and other operators from investing in the NextGen technologies for their aircraft. ITT's John Kefaliotis explains.

Tags: Federal Drive , NextGen , FAA , GPS , John Kefaliotis , Technology , Contracting

Monday - 04/18/2011, 10:41am EDT

ITT Corp. splits into three

ITT's defense and information division will be one of the independent companies.

Tags: Federal Drive , DoD Report , Contracting ,

Friday - 01/14/2011, 08:40am EST