Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTBadar ShaikhSat, July 18, 2026 at 12:45 PM GMT+2 4 min readBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.The U.S. aviation sector is reportedly pushing lawmakers to approve a funding package worth $20 billion to modernize the country's aging air traffic control (ATC) systems, as well as curb flight disruptions.Next-Generation TechAccording to a Reuters report on Wednesday, a coalition of airlines, airplane manufacturers, airports, unions and others said that the funds would replace hundreds of aging ATC facilities, as well as help deploy next-generation tech for controllers to improve safety.Don't Miss:A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and whyStill Learning the Market? These 50 Must-Know Terms Can Help You Catch Up FastThe letter referenced by Reuters was signed by Boeing Co., Airbus SE, as well as the Airlines for America consortium that represents the likes of American Airlines Group Inc., United Airlines Holdings Inc. and more.The report also said that the Federal Aviation Administration said that by the end of 2028, the U.S. aviation sector would have 5,000 new high-speed network connections on fiber, as well as satellite and wireless. The agency also expects 27,000 new radios and 612 state-of-the-art radars.Sean Duffy Touts ModernizationThe demand from the industry aligns with recent efforts by Transportation Secretary Sean Duffy, who has touted ATC modernization as a crucial goal for the Department of Transportation (DOT).Trending: Avoid the #1 Investing Mistake: How Your 'Safe' Holdings Could Be Costing You Big TimeEarlier, Duffy had said that a revamped air traffic control setup was a top priority after an Air Canada Express flight at New York's LaGuardia Airport collided with an on-ground support vehicle on the runway. The DOT noted that the administration would need substantial financial support on top of the $12.5 billion funding package previously approved by Congress.Duffy had slammed former President Joe Biden's DOT Secretary Pete Buttigieg, accusing him of failing to enact modernization efforts while sitting on "mountains of cash" and allowing controllers to work in deteriorating towers prone to leaks and flooding.Photo Courtesy: Gorodenkoff on Shutterstock.comRead Next: Skip the Regrets: The Essential Retirement Tips Experts Wish Everyone Knew Earlier.Think you're saving enough for your kids? You might be dangerously off — see whyBuilding Wealth Across More Than Just the MarketBuilding a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info