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FAA helps aviation companies expand

January 31, 2012, 05:43 pm

The Federal Aviation Administration recently awarded three Washington aviation companies contracts worth about $400 million each to provide engineering, professional and technical services for the air traffic control system.

Each company was given its own contract with the FAA, but will compete against each other for individual task orders throughout their service with the administration. SRA International in Fairfax, Washington D.C., was awarded a contract for 387.91 million, TASCA in Chantilly got $381.46 million and Human Solutions in District received 360.11 million in its contract with the FAA, the Washington Business Journal reported.

Private aviation companies are also reporting growth independent of federal government projects. JetSelect Aviation recently announced it is adding a Lear 55 jet, a Lear 60 jet, a Hawker 800XP airplane and a Wi-Fi-equipped Challenger 604 to its fleet for immediate use. The international private jet charter and global aviation service provider decided to expand its fleet by 20 percent after reporting strong growth in 2011.

As the aviation sector becomes more popular and pilots are being used for more services, pilot insurance is more important than ever as a way to protect against the unexpected.

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