FAA Spends Nearly $1.5B on Airport Upgrades in August

Agency awards $615 million to airports in 42 U.S. states and two territories.

Jack Daleo

Friday, August 21, 2026 at 09:00 AM ET

Verified

Edited By:

Travis Tingle

The FAA on Thursday said Midland International Air & Space Port (KMAF) in Texas received $21.5 million for runway rehabilitation, out of a total of about $615 million in fresh grants. [Credit: Midland International Air & Space Port]

Key Takeaways:

The FAA invested nearly $1.5 billion in August through Airport Improvement Program (AIP) and Airport Infrastructure Grant (AIG) funding to upgrade airport infrastructure across the U.S.
These grants, totaling about $615 million from AIP and $870 million from AIG, support improvements in runways, taxiways, safety features, and "family-friendly" terminal additions.
The investments aim to transform the passenger travel experience and prepare for a projected doubling of annual passengers from 1 billion to 2 billion over the next two decades.
Funds were distributed to airports in 42 states and two territories, including major projects like a new airport in Noatak, Alaska, and a new terminal at Lynchburg Regional Airport, Virginia.

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The FAA has poured nearly $1.5 billion into new and upgraded airport runways, terminals, towers, passenger areas, and other infrastructure in the month of August alone.

The agency on Thursday announced a fresh round of Airport Improvement Program (AIP) grants for airports in 42 U.S. states and two territories. A total of about $615 million spread across 238 grants will support runway and taxiway infrastructure improvements, airfield safety upgrades, and “family-friendly” terminal additions, the FAA said.