FAA Awards Nearly $1B in Airport Terminal Modernization Grants

Funding will go for projects such as new baggage systems, security checkpoints, and increased airport gate capacity.

Thursday, October 24, 2024 at 01:59 PM ET

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The grants, which total $970 million, are funded by the Bipartisan Infrastructure Law and will be awarded to 125 airports in 46 states, Guam, and Palau. [Credit: iStock]

Key Takeaways:

The FAA announced a nearly $1 billion investment, totaling $970 million from the Bipartisan Infrastructure Law, for airport terminal modernization.
These grants will be distributed to 125 airports across 46 states, Guam, and Palau.
Projects will fund upgrades to baggage systems, security checkpoints, increased gate capacity, ADA compliance, and air traffic control towers to enhance passenger safety, comfort, and efficiency.
This investment also aims to create good-paying jobs and stimulate local economies.

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The FAA announced Thursday it would be making an nearly $1 billion investment in airport terminal modernization.

The grants, which total $970 million, are funded by the Bipartisan Infrastructure Law and will be awarded to 125 airports in 46 states, Guam, and Palau, the FAA said. They will fund projects such as new baggage systems, security checkpoints, and increased airport gate capacity, the agency said.