Narrative:

After contacting gso departure we were cleared up to 12000'. I read back 12000' as 'one, two thousand' and dialed it in the preselect. Climbing through 10300', gso departure said 'maintain 10000'.' I read back 10000' and reset preselect while sic flying stopped climb at 10500' and went back down. I told controller that I had read back 12000'. He apologized for missing the readback and said his airspace only went to 10000'. Incidentally, there had been a loud background squelch on both tower and ground. On an earlier leg from bwi to gso I forgot to set new transponder code. Should have dialed it in immediately when cleared.

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Original NASA ASRS Text

Title: ACR MLG ALT DEVIATION OVERSHOT DURING CLIMB.

Narrative: AFTER CONTACTING GSO DEP WE WERE CLRED UP TO 12000'. I READ BACK 12000' AS 'ONE, TWO THOUSAND' AND DIALED IT IN THE PRESELECT. CLBING THROUGH 10300', GSO DEP SAID 'MAINTAIN 10000'.' I READ BACK 10000' AND RESET PRESELECT WHILE SIC FLYING STOPPED CLB AT 10500' AND WENT BACK DOWN. I TOLD CTLR THAT I HAD READ BACK 12000'. HE APOLOGIZED FOR MISSING THE READBACK AND SAID HIS AIRSPACE ONLY WENT TO 10000'. INCIDENTALLY, THERE HAD BEEN A LOUD BACKGROUND SQUELCH ON BOTH TWR AND GND. ON AN EARLIER LEG FROM BWI TO GSO I FORGOT TO SET NEW TRANSPONDER CODE. SHOULD HAVE DIALED IT IN IMMEDIATELY WHEN CLRED.

Data retrieved from NASA's ASRS site as of August 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.