FAA Rejects FedEx Request To Install Anti-Missile Systems On Airbus Planes
FedEx Corporation (NYSE:FDX) had requested the Federal Aviation Administration (FAA) for approval of laser-based missile defense systems on its Airbus A321-200 planes in 2019. However, on Tuesday, the FAA withdrew the conditions under which such would have taken place. Q4 2021 hedge fund letters, conferences and more WithdrawalAs reported by the New York Post, upon the withdrawal, the FAA said that further internal study was necessary. To avoid a misunderstanding the organization said it was not “moving forward at this time, the FAA is withdrawing the notice.” FedEx request was based on securi...