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FAA targeting Verizon contract in favor of Musk's Starlink, the Washington Post reports
The Verizon logo is seen on the 375 Pearl Street building in Manhattan, New York City · Reuters

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(Reuters) - The U.S. Federal Aviation Administration is close to canceling a $2.4 billion contract awarded to Verizon to overhaul a communications system, and awarding the work to Elon Musk's Starlink, the Washington Post reported on Wednesday.

(Reporting by Chandni Shah in Bengaluru; Editing by Alan Barona)