Steven Wallace, former director of accident investigation for the FAA, joins CBS News to reflect on one year since a U.S. Army Black Hawk helicopter collided with a commercial jet above Washington, D.

By David Shepardson WASHINGTON, Jan 26 (Reuters) - The Trump administration said on Monday it is restructuring the Federal Aviation Administration and will create a new safety oversight office to consolidate functions across five different units.

The new safety oversight office comes as the FAA announces a restructuring plan.

The FAA will create new offices for safety management, airspace modernization and advanced aviation integration.

The FAA undergoes its largest restructuring to enhance safety and innovation, creating new oversight and technology offices without workforce reductions.

The organizational restructuring, announced on Jan. 26, calls for the creation of a new safety oversight office and the implementation of an agency-wide safety management system (SMS) and risk management strategy. It will not result in job losses, the department said.