European Commission's SESAR Joint Undertaking Friday signed contracts totaling €1.9 billion ($2.7 billion) related to the development of a future "Single Sky" air traffic management system in the EU. The Joint Undertaking is a public-private research and development venture overseen by Eurocontrol (ATWOnline, Dec. 10, 2008). The contracts, which were financed by the EC (€700 million), Eurocontrol (€700 million) and contributions from EU member states (€500 million), ...

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