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WASHINGTON, Oct 1 (Reuters) – The Federal Aviation Administration's $15 billion project to overhaul air traffic control launched in 2003 has faced numerous delays, cost overruns and is less ambitious than planned, a report issued Wednesday said. The FAA has achieved only about 16% of NextGen’s total expected benefits through the end of 2024. "FAA has delivered a delayed, over budget, and less transformational NextGen than originally planned," said the Transportation Department Office of Inspector General. (Reporting by David Shepardson)
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