Israeli software firm lands $137 million FAA contract

Israel’s NICE Systems Ltd. has been awarded a 10-year contract to supply the United States Federal Aviation Authority with air traffic control capabilities.

By JNS

Israeli software company NICE Systems Ltd. has been awarded a contract to supply the United States Federal Aviation Authority (FAA) with air traffic control capabilities that will enhance transportation safety, according to Israeli financial newspaper Globes.

According to the report, the FAA awarded NICE a 10-year contract worth up to $137 million.

NICE Executive Vice President Chris Wooten was quoted as saying of the deal that “millions of flyers rely upon the FAA daily to ensure their safety. In mission-critical times of need, the FAA needs to be best positioned to act fast and respond smartly. We at NICE recognize the need of this important work and are ready to support the FAA as it improves incident-related debriefing and investigations. We look forward to continuing our years of service in supporting the FAA.”

Meanwhile, Globes reported on Sunday that the Israeli economy grew at only 1% in the second quarter of 2019, due to a drop in vehicle imports.

This marks a significant slowdown after a growth rate of 4.7% in the first quarter.